Billy Likes Candy Bars and Popcorn

question 62

Multiple Choice

Billy likes candy bars and popcorn.Candy bars sell for $0.50 each and popcorn sells for $1 a bag.Currently he is in consumer equilibrium with marginal utility per dollar on popcorn equal to 100.What is the marginal utility per dollar on candy bars?

• A)50
• B)100
• C)200
• D)25
• E)0.5

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Definitions:

Caloric Intake

The total number of calories consumed through food and beverages within a given period.

Soluble Fibre

Fibre that, as it passes through the digestive tract, breaks down and forms a gel that is thought to reduce the amount of cholesterol that is absorbed; sources include oats, legumes, some seeds, brown rice, barley, oats, fruits, some green vegetables, and potatoes.

Non-Soluble Fibre

A type of dietary fiber that does not dissolve in water, aids in digestive health by adding bulk to the stool and promoting regular bowel movements.

Lentils

Edible seeds from the legume family, known for their lens shape and used in various cuisines worldwide as a source of protein and nutrients.