Refer to the Following Table to Answer the Following Questions

question 12

Multiple Choice

Refer to the following table to answer the following questions:

-Assume that chips cost $1 and soda costs $2.If the consumer has $14,the combination of goods that would maximize his utility per dollar leads to a utility equal to ________ utils.

• A) 72
• B) 84
• C) 77
• D) 9
• E) 99

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Definitions:

Bank Deposit

Money placed into a banking institution for safekeeping, which can include checking and savings accounts.