(Table: Marginal Utility Schedule for Joachim) Looking at the Table

question 11

Multiple Choice

(Table: Marginal Utility Schedule for Joachim) Looking at the table, will Joachim be maximizing his utility if he has $71 to spend and buys a bundle of four movie tickets, three hamburgers, two pairs of socks, and one box of tissues?
$\begin{array}{|l|c|c|c|c|}\hline & \begin{array}{c}M U \text { movie ticket } \\P=\$ 10\end{array} & \begin{array}{c}M U \text { hamburger } P= \\\$ 5\end{array} & \begin{array}{c}M U \text { pair of socks } \\P=\$ 4\end{array} & \begin{array}{c}M U \text { box of tissues } \\P=\$ 3\end{array} \\\hline \text { 1st } & 30 & 17 & 6 & 3 \\\hline \text { 2nd } & 25 & 12.5 & 3 & 2 \\\hline \text { 3rd } & 18 & 10 & 1 & 1 \\\hline \text { 4th } & 8 & 4 & 0 & 0 \\\hline 5 \text { th } & 0 & 0 & & \\\hline\end{array}$

• A) Yes, because MU/P is equal across all the goods.
• B) Yes, because MU is at its maximum for the last unit bought of each good.
• C) No, because he did not buy the units with the highest MU.
• D) No, because MU/P is not equal across all the goods.

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Definitions:

Cesarean Section

A surgical procedure used to deliver a baby through incisions in the abdomen and uterus, often used when vaginal delivery would pose a risk to the mother or baby.

Precipitous Labor

Labor that progresses very quickly, often resulting in childbirth in less than three hours from the onset of contractions.

Contractions

The tightening and shortening of muscles, often referring to those of the uterus during labor.

Fetal Presentation

The position a fetus is in, in relation to the birth canal, during delivery. Common presentations include cephalic (head first), breech (feet or buttocks first), and shoulder.