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

question 6

Multiple Choice

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

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Definitions:

Impatient

A feeling of restlessness or desire for immediate action or results, often leading to frustration when delays occur.

Ambitious

Having a strong desire and determination to achieve success or accomplish a specific goal.

Hardy

Showing resilience and ability to cope well with life's challenges.

Stress Relievers

Activities or practices that reduce stress and promote relaxation, such as exercise, meditation, or hobbies.