Multiple Choice
Exhibit 6-4 Total utility for multiplex tickets, video rentals, and popcorn
In Exhibit 6-4, assume the Multiplex tickets cost $6 each, video rentals cost $2 each, and bags of popcorn cost $1 each. Suppose the consumer has $12 per week to spend on multiplex tickets, video rentals, and popcorn. In the consumer equilibrium, what is the marginal utility per dollar for each of the three goods?
A) 5 utils per dollar.
B) 9 utils per dollar.
C) 13 utils per dollar.
D) 22 utils per dollar.
Correct Answer:
Verified
Correct Answer:
Verified
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