Examlex

Solved

-The Table Above Gives Ali's Total Utility from Consuming Bottles

question 24

Multiple Choice

  -The table above gives Ali's total utility from consuming bottles of soft drink and slices of pizza. The price of pizza is $2 per slice and the price of soft drink is $1 per bottle. Ali has $14 in his budget. When Ali maximises his utility he buys ________ bottles of soft drink and ________ slices of pizza. A)  6; 4 B)  4; 5 C)  6; 6 D)  2; 6 E)  None of the above answers is correct.
-The table above gives Ali's total utility from consuming bottles of soft drink and slices of pizza. The price of pizza is $2 per slice and the price of soft drink is $1 per bottle. Ali has $14 in his budget. When Ali maximises his utility he buys ________ bottles of soft drink and ________ slices of pizza.


Definitions:

Mobile Payments

Transactions made for goods or services through a mobile device, such as a smartphone or tablet.

System

A set of interconnected elements or parts that work together as a whole for a common purpose or function.

Opinion Leader

An individual whose views on a subject are taken to be authoritative and influential, often influencing the opinions of others.

Internet Marketing

The practice of promoting products or services over the internet utilizing various digital marketing tools and strategies to reach a target audience.

Related Questions