Table 10-2 Table 10-2 Above Shows Keira's Utility from Soup and Sandwiches

question 206

Multiple Choice

Table 10-2

Table 10-2 above shows Keira's utility from soup and sandwiches. The price of soup is $2 per cup and the price of a sandwich is $3. Keira has $18 to spend on these two goods.
-Refer to Table 10-2.If Keira maximizes her utility, how many units of each good should she buy?

• A)1 cup of soup and 5 sandwiches
• B)3 cups of soup and 4 sandwiches
• C)6 cups of soup and 2 sandwiches
• D)4 cups of soup and 3.5 sandwiches

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Definitions:

False Consensus Effect

The bias to overestimate the extent to which others share our beliefs, attitudes, or behaviors.

Personal Growth

The process of developing self-awareness, building personal skills, and working towards potential through personal development activities.

Genuine

Referring to honesty, authenticity, and sincerity in one’s behavior and interactions with others.

Empathic

Having the capacity to understand and share the feelings or emotional states of another person.