Prashanth Decides to Buy a $75 Ticket to a Particular

question 354

Multiple Choice

Prashanth decides to buy a $75 ticket to a particular New York professional hockey game rather than a $50 ticket for a particular Broadway play. We can conclude that Prashanth

• A)is relatively unappreciative of the arts.
• B)obtains more marginal utility from the play than from the hockey game.
• C)has a higher "marginal utility-to-price ratio" for the hockey game than for the play.
• D)has recently attended several other Broadway plays.

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