Table 6.4 -Refer to Table 6.4.For Steak and Cheese and Grilled Chicken

question 82

Multiple Choice

Table 6.4
-Refer to Table 6.4.For steak and cheese and grilled chicken sandwiches, the table contains the values of the marginal utility (MU) and marginal utility per dollar (MU/P) for Mabel Jarvis.Mabel has $14 to spend on steak and cheese and grilled chicken sandwiches.Which of the following statements is false?

• A)The price of steak and cheese sandwiches is $4.The price of grilled chicken sandwiches is $2.
• B)If Mabel maximises her utility, she will buy three grilled chicken sandwiches.
• C)If Mabel maximises her utility, she will buy two steak and cheese sandwiches.
• D)We do not have enough information to determine how many sandwiches Mabel will buy to maximise her utility.

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Definitions:

Dominate

To exert control or influence over; to be the most prominent or powerful entity in a given situation.

Unusually Large Amount

A quantity significantly greater than what is standard or expected.

Out Of Control

A situation lacking management or restraint.

Eating

The act of consuming food to provide nutritional support for the body, a basic human necessity and also a cultural and social activity.