rnecatiaydin S. Finding the optimel combination of two gooda Currently, he buys
ID: 1102978 • Letter: R
Question
rnecatiaydin S. Finding the optimel combination of two gooda Currently, he buys 200 cans of soda and 300 cups of coffee per year. The teloning graphs show his margisel unility crves fer soda pus) and ethe (NUC). You sn that his current mnumpte, eve, Rebert's margnautity fiom consuming the lest can of soda he beught s 12 utils per can, and his marginal utlity frem consuming the lest cup of coffee he bough is 12 vils per cup COFFEE ICupe ger year Is Robert curently maximizing his elty Yes; the marginal utlity he neceives frem his last can of soca equals that of his last cup of ceffee O No; he could buy mere coffee and less soda, not spend any more money, and be better of 9 ; he likes cuttee and soda more than oeer goods, se he should buy snore of both. O fio; he could buy less coffee and more soda, not spend any more monev, and be better of af sode and coffee, calculate the "wginaltity per dolar from the last can of For each ofthe foliowing oombnatio soda and the last cup of coffee. Soda Combinetion Cans per Yeer NUs/P Cupsr Year Mue/ 200Explanation / Answer
1) The answer is ) Combination B and Combination D.
these two combination will gives the maximum utility because in both combinaiton MU of cans is equal to MU of coffee.
2) THe answer is ) Combination A , COmbination B .
because out of $800. this combinations can be afford
3) 400 cans of soda and 200 cups of coffee.
Comb Soda cans MUs/Ps Coffe mugs MUc/Pc A 200 12 300 6 B 400 8 200 8 C 300 10 400 4 D 500 6 300 6Related Questions
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