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Table 10-5 Table 10-5 Lists Jay's Marginal Utilities for Burgers

Question 48

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Table 10-5
Table 10-5    Table 10-5 lists Jay's marginal utilities for burgers and Pepsi.Jay has $7 to spend on these two goods.The price of a burger is $2 and the price of a can of Pepsi is $1. -Refer to Table 10-5.What is Jay's optimal consumption bundle? A) 1 burger and 2 Pepsis B) 2 burgers and 3 Pepsis C) 3 burgers and 1 Pepsi D) 3 burgers and 2 Pepsis Table 10-5 lists Jay's marginal utilities for burgers and Pepsi.Jay has $7 to spend on these two goods.The price of a burger is $2 and the price of a can of Pepsi is $1.
-Refer to Table 10-5.What is Jay's optimal consumption bundle?


A) 1 burger and 2 Pepsis
B) 2 burgers and 3 Pepsis
C) 3 burgers and 1 Pepsi
D) 3 burgers and 2 Pepsis

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