(Table) Using the Information in the Table, Assume the Consumer

question 83

Multiple Choice

(Table) Using the information in the table, assume the consumer has a weekly budget of $3; the price of a root beer is $1 and the price per candy bar is $0.50. The consumer maximizes utility by purchasing
$\begin{array}{l}\hline \quad \quad \quad {\text { Root Beer }} \quad \quad \quad \quad \quad \quad \quad \quad {\text { Candy Bars }} \\\begin{array}{|c|c|c|c|}\hline \text { Quantity } & \text { Total Utility } & \text { Quantity } & \text { Total Utility } \\\hline 0 & 0 & 0 & 0 \\\hline 1 & 60 & 1 & 80 \\\hline 2 & 110 & 2 & 150 \\\hline 3 & 150 & 3 & 200 \\\hline 4 & 180 & 4 & 230 \\\hline 5 & 200 & 5 & 240 \\\hline 6 & 210 & 6 & 240 \\\hline\end{array}\end{array}$

• A) three root beers.
• B) two root beers and two candy bars.
• C) zero root beer and six candy bars.
• D) one root beer and four candy bars.

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Definitions:

Hair Cells

Sensory cells located in the inner ear that translate sound vibrations into electrical signals that the brain interprets as sound.

Auditory Stimulus

Sound or noise that triggers a response from the auditory system, leading to perception or action.

Basilar Membrane

A membrane in the cochlea of the inner ear, involved in sound vibration analysis and plays a key role in hearing.

Olfactory Lobe

Part of the brain responsible for processing smell; it receives olfactory information from the nose.