Answer the Question on the Basis of the Following Two

question 158

Multiple Choice

Answer the question on the basis of the following two schedules, which show the amounts of additional satisfaction (marginal utility) that a consumer would get from successive quantities of products J and K. If the consumer has money income of $52 and the prices of J and K are $8 and $4 respectively, the consumer will maximize her utility by purchasing

• A) 2 units of J and 7 units of K.
• B) 5 units of J and 5 units of K.
• C) 4 units of J and 5 units of K.
• D) 6 units of J and 3 units of K.

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Definitions:

Windows

A graphical operating system developed by Microsoft, providing an environment for executing and managing applications.

Competing Firms

Competing firms are companies within the same industry or market that offer similar products or services, striving for customer patronage and market share.

Windows Monopoly

Refers to the dominant position of Microsoft Windows as the operating system on personal computers, often discussed in the context of antitrust law and competition.

Anticompetitive Means

Practices that undermine fair competition in the market, often leading to monopolies or oligopolies.