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Alpo McBurgers Cans consumed TotalUtility McBurgers Total utility perday (units

ID: 1247901 • Letter: A

Question

   Alpo                                                                McBurgers
Cans consumed         TotalUtility          McBurgers               Total utility
perday                     (units of utility)       consumed perday    (units of utility)
0                                   0                               0                                 0
1                                   7                               1                                16
2                                  13                              2                                 28
3                                  16                              3                                 36
4                                  17                              4                                 40

If the price of one can of Alpo is $.50 and the price of eachMcBurger is $1, which of the following would Ms. Tightward, autility maximizing consumer, buy with $4?

a. 4 McBurgers
b. 3 McBurgers and 2 cans of Alpo
c. 2 McBurgers and 4 cans of Alpo
d. 1 McBurger and 6 cans of Alpo

Please explain

Explanation / Answer

I will give this atry:    Alpo                                                                McBurgers
Cans consumed         TotalUtility          McBurgers               Total utility
perday                     (units of utility)       consumed perday    (units of utility)
0                                   0                               0                                 0
1                                   7                               1                                16
2                                  13                              2                                 28
3                                  16                              3                                 36
4                                  17                              4                                 40

If the price of one can of Alpo is $.50 and the price of eachMcBurger is $1, which of the following would Ms. Tightward, autility maximizing consumer, buy with $4?

a. 4 McBurgers - 40 units of utility
b. 3 McBurgers and 2 cans of Alpo- 36+13=49 unitsof utility
c. 2 McBurgers and 4 cans of Alpo- 28+17=45 units of utility
d. 1 McBurger and 6 cans of Alpo - 16+17+1/3+1/6=33.5 units ofutility
I will give this atry:    Alpo                                                                McBurgers
Cans consumed         TotalUtility          McBurgers               Total utility
perday                     (units of utility)       consumed perday    (units of utility)
0                                   0                               0                                 0
1                                   7                               1                                16
2                                  13                              2                                 28
3                                  16                              3                                 36
4                                  17                              4                                 40

If the price of one can of Alpo is $.50 and the price of eachMcBurger is $1, which of the following would Ms. Tightward, autility maximizing consumer, buy with $4?

a. 4 McBurgers - 40 units of utility
b. 3 McBurgers and 2 cans of Alpo- 36+13=49 unitsof utility
c. 2 McBurgers and 4 cans of Alpo- 28+17=45 units of utility
d. 1 McBurger and 6 cans of Alpo - 16+17+1/3+1/6=33.5 units ofutility
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