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Table 54 Shows Matt's Total Utility for Goods A, B, C

question 28

Essay

Table 5.4 shows Matt's total utility for Goods A, B, C, and
D.
 Table 5.4QTUAQTUBQTUC1511011629218220312324323414428425514.5530526\begin{array}{l}\text { Table } 5.4\\\begin{array} { l l l l l l } \hline \mathrm { Q } & \mathrm { TU } _ { \mathrm { A } } & \mathrm { Q } & \mathrm { TU } _ { \mathrm { B } } & \mathrm { Q } & \mathrm { TU } _ { \mathrm { C } } \\\hline 1 & 5 & 1 & 10 & 1 & 16 \\2 & 9 & 2 & 18 & 2 & 20 \\3 & 12 & 3 & 24 & 3 & 23 \\4 & 14 & 4 & 28 & 4 & 25 \\5 & 14.5 & 5 & 30 & 5 & 26 \\\hline\end{array}\end{array} Suppose the prices for Good A, B, and C are $1, $2, and $3 respectively. If Matt's budget is $20, what is the Matt's consumption bundle?
What is his total utility?


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