Jamie's Marginal Utility from Muffins and from Doughnuts (In Utils)

question 103

Multiple Choice

Jamie's marginal utility from muffins and from doughnuts (in utils) is shown below. Jamie spends a total of $8 on muffins and/or doughnuts every morning. The price of each muffin is $2 and the price of each doughnut is $1. $$\begin{array} { | c | c | c | c | } \hline \begin{array} { c } \text { Muffins } \\\text { Per Day }\end{array} & \begin{array} { c } \text { Marginal Utility } \\\text { Per Muffin }\end{array} & \begin{array} { c } \text { Doughnuts } \\\text { Per Day }\end{array} & \begin{array} { c } \text { Marginal Utility } \\\text { Per Doughnut }\end{array} \\\hline 1 & 40 & 2 & 20 \\\hline 2 & 30 & 4 & 15 \\\hline 3 & 20 & 6 & 10 \\\hline\end{array}$$ What is Jamie's optimal combination of muffins and doughnuts each day?

• A)1 muffin, 6 doughnuts
• B)2 muffins, 4 doughnuts
• C)3 muffins, 2 doughnuts
• D)4 muffins, zero doughnuts

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Definitions:

Jaeger Chart

A chart consisting of various sizes of print used to evaluate an individual's ability to read text at a normal reading distance.

Snellen Chart

A chart used to measure visual acuity, consisting of rows of letters that decrease in size, which an individual reads from a standard distance to determine the sharpness or clarity of their vision.

Landolt C Chart

A visual acuity test chart that uses a ring or "C" shaped figure oriented in various directions to measure eyesight.

Pelli-Robson Chart

A tool used in vision testing to assess contrast sensitivity using letters of varying contrast levels.