Question 1
Refer to the information provided in Table 6.4 below to answer the question(s) that follow.
Refer to Table 6.4. The total utility of five donuts per day is
◦ 230.
◦ 240.
◦ 260.
◦ indeterminate from this information.
Question 2
Refer to the information provided in Table 6.4 below to answer the question(s) that follow.
Refer to Table 6.4. If the price of a donut is $2, the price of a burrito is $4, and Luigi has $12 of income, Luigi's utility-maximizing combination of donuts and burritos per day is
◦ 1 donut and 2 burritos.
◦ 4 donuts and 1 burrito.
◦ 2 donuts and 1.5 burritos.
◦ indeterminate from this information.
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