Table 7-4 -Refer to Table 7-4

question 211

Multiple Choice

Table 7-4
$$\begin{array} { | c | c | c | c | c | } \hline & \text { Steak \& Cheese } & \text { Steak \& Cheese } & \text { Grilled Chicken } & \text { Grilled Chicken } \\\hline \text { Quantity } & \boldsymbol { M U } & \boldsymbol { M U / \boldsymbol { P } } & \boldsymbol { M U } & \boldsymbol { M U / P } \\\hline 1 & 40 & 10 & 30 & 15 \\\hline 2 & 32 & 8 & 24 & 12 \\\hline 3 & 20 & 5 & 16 & 8 \\\hline 4 & 12 & 3 & 12 & 6 \\\hline 5 & 6 & 1.5 & 8 & 4 \\\hline 6 & 2 & 0.5 & 4 & 2 \\\hline\end{array}$$
-Refer to Table 7-4.For steak and cheese and grilled chicken sandwiches,the table contains the values of the marginal utility (MU) and marginal utility per dollar (MU/P) for Mabel Jarvis.Mabel has $14 to spend on steak and cheese and grilled chicken sandwiches.Which of the following statements is true?

• A)If Mabel maximizes her utility she will buy three steak and cheese sandwiches and two grilled chicken sandwiches.
• B)If Mabel was maximizing her utility when spending $14 and then received an additional $4, she would receive the most marginal utility per dollar if her next purchase was another grilled chicken sandwich.
• C)Mabel will first buy two steak and cheese sandwiches; then with her remaining $6 she will buy three grilled chicken sandwiches.
• D)To maximize her utility, Mabel will need a total of $36, the income needed to buy 6 steak and cheese sandwiches and 6 grilled chicken sandwiches.

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Definitions:

Kindreds

Networks of relatives extended beyond the immediate family, including all individuals related by blood, marriage, or adoption.

EGO

In kinship terminology, the central person from whom the degree of each relationship is traced.

Same Relatives

Family members who are related to an individual by blood or marriage, emphasizing the repetition or commonality of familial connections.

Kindred

An individual's close blood relatives on the maternal and paternal sides of his or her family.