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Table 8.2 Table 8.2 Above Shows Keira's Utility from Soup and Sandwiches

question 6

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Table 8.2
Table 8.2     Table 8.2 above shows Keira's utility from soup and sandwiches. The price of soup is $2 per cup and the price of a sandwich is $3. Keira has $18 to spend on these two goods. -Refer to Table 8.2.Suppose Keira's income increases from $18 to $23 but prices have not changed.What is her utility maximizing bundle now? A) 6 cups of soup and 5 sandwiches B) 4 cups of soup and 5 sandwiches C) 5 cups of soup and 4 sandwiches D) 5 cups of soup and 5 sandwiches
Table 8.2 above shows Keira's utility from soup and sandwiches. The price of soup is $2 per cup and the price of a sandwich is $3. Keira has $18 to spend on these two goods.
-Refer to Table 8.2.Suppose Keira's income increases from $18 to $23 but prices have not changed.What is her utility maximizing bundle now?


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