Refer to the Above Table

question 11

Multiple Choice

Refer to the above table. Suppose the price of a hamburger is $2, the price of a movie is $5, and the income of the consumer is $29. What will the consumer's total utility equal at an optimum?
-Refer to the above table. The price of a hamburger is $2, the price of a movie is $5, and the consumer's income is $29. What is the marginal utility per last dollar spent on movies equal to if the consumer is at an optimum?

• A) 50
• B) 40
• C) 20
• D) 10

---

Definitions:

Related Group

A set of individuals or entities connected by common interests, goals, or characteristics, often used in the context of organizational departments or familial relations.

Create Value

The process of producing goods or services that have greater worth than the cost of inputs, resulting in a beneficial outcome for businesses or consumers.

Process Value Analysis

An examination method aimed at improving processes by identifying and eliminating non-value-adding activities, enhancing efficiency and effectiveness.

Core Processes

The critical operations or activities that are central to an organization’s purpose and often directly linked to its success or failure.