-Given the Data in the Above Table, Income of $13

question 306

Multiple Choice

-Given the data in the above table, income of $13, a price of $1 for a bottle of water and $2 for a hamburger, what is the quantity of water and the quantity of hamburgers that will maximize the consumer's total utility?

• A) 5 bottles of water and 4 hamburgers
• B) 4 bottles of water and 4 hamburgers
• C) 1 bottle of water and 6 hamburgers
• D) 6 bottles of water and 6 hamburgers

---

Definitions:

Ancient Societies

Civilizations or cultures that existed in the distant past, often characterized by their contributions to history, art, and knowledge.

True Altruism

The act of selflessly helping others with no expectation of reciprocation or benefit to oneself.

Ethical Egoism

A moral theory suggesting that individuals should act in their own self-interest.

Kant's Theory

A philosophical doctrine attributed to Immanuel Kant, emphasizing duty, moral law, and the categorical imperative as the foundations of ethical actions.