Examlex

Solved

Use the Following to Answer Questions

question 54

Multiple Choice

Use the following to answer questions : Use the following to answer questions :   -(Table: Utility from Burgers and Milkshakes) Use Table: Utility from Burgers and Milkshakes.David's marginal utilities for milkshakes and burgers are given in the table.The price of milkshakes is $2,and the price of burgers is $5.If David's income is $10,to maximize his utility,he buys _____ shake(s) and _____ burger(s) . A)  one;one B)  no;two C)  five;no D)  two;one
-(Table: Utility from Burgers and Milkshakes) Use Table: Utility from Burgers and Milkshakes.David's marginal utilities for milkshakes and burgers are given in the table.The price of milkshakes is $2,and the price of burgers is $5.If David's income is $10,to maximize his utility,he buys _____ shake(s) and _____ burger(s) .


Definitions:

Related Questions