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(Table: Utility from Candy Bars and Sodas) Look at the Table

question 107

Essay

(Table: Utility from Candy Bars and Sodas) Look at the table Utility from Candy Bars and Sodas.Stan is choosing between two goods, candy bars and sodas, and his marginal utility from each is as shown in the table.If he consumes two candy bars and two sodas, his total utility will be equal to:
A.15 utils.
B.33 utils.
C.18 utils.
D.78 utils.


Definitions:

Interest Rate

Interest payments expressed as a percentage of the loan.

Investment

The allocation of resources, usually financial, to generate income or profit over time.

Physical Capital

Tangible assets used in the production of goods and services, such as machinery, buildings, and equipment.

Future Goods

Products or services that are not yet manufactured or provided but are planned for future sale.

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