-The Table Above Gives Jane's Total Utility from Magazines and CDs

question 244

Multiple Choice

-The table above gives Jane's total utility from magazines and CDs. The price of a magazine is $4 and the price of a CD is $10. If Jane's total budget for magazines and CDs is $70.00 per week, what is her total utility at her utility maximizing consumer equilibrium?

• A) 2480 units
• B) 1870 units
• C) 210 units
• D) 30 units

---

Definitions:

Marketspace Opportunity

Potential for growth and profit in the digital or online marketplace.

Price Utility

The perceived value or satisfaction a consumer derives from purchasing a product at a given price.

Internet Users

Individuals who access and use the internet through various devices for information, communication, entertainment, or other purposes.

Prescription Medications

Medically authorized drugs that require a healthcare professional's approval before they can be obtained by a patient.