Bottles of SodaSlices of Pizza The table above gives Ali's total ...

[dollx]

Excellent

[ju]

Great! Please up vote

[mrsjacobs44]

Bottles of Soda

Slices of Pizza

The table above gives Ali's total utility from consuming bottles of soda and slices of pizza. The price of pizza is $2 per slice and the price of soda is $1 per bottle. Ali has $14 in his budget. When Ali maximizes his utility he buys ________ bottles of soda and ________ slices of pizza.
◦ 4; 5
◦ 6; 4
◦ 2; 6
◦ 6; 6
◦ None of these answers is correct.

[Laurenleakan]

4; 5

[armygirl]

Bottles of Soda

Slices of Pizza

The table above gives Ali's total utility from consuming bottles of soda and slices of pizza. The price of pizza is $2 per slice and the price of soda is $1 per bottle. Ali has $14 in his budget. When Ali maximizes his utility, his total utility equals
◦ 6.
◦ 9.
◦ 69.
◦ 61.
◦ None of these answers is correct.

[makaylafy]

61.

[armygirl]

Excellent

[makaylafy]

Great! Please up vote

[fnuegbu]

Bottles of Soda

Slices of Pizza

The table above gives Ali's total utility from consuming bottles of soda and slices of pizza. Suppose the price of a slice of pizza increases. As a result, Ali's
◦ marginal utility per dollar from pizza decreases.
◦ total utility increases.
◦ purchases of pizza might increase.
◦ marginal utility from all the slices of pizza he consumes decreases.
◦ marginal utility per dollar from soda increases.

[lauravaras]

marginal utility per dollar from pizza decreases.