If the Total Utility for Eating Up to Five $2

question 62

Multiple Choice

If the total utility for eating up to five $2.00 hamburgers is 40,60,70,75,70,respectively,which of the following is true?

• A) A rational consumer would choose to eat five hamburgers at the price of $2.00
• B) A rational consumer would choose to eat five hamburgers only if the price was reduced to $1.00.
• C) A rational consumer would choose to eat five hamburgers only if the 5^th hamburger as free.
• D) A rational consumer would have to be compensated to eat the 5^th hamburger.

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