Complete Table 19 Table 193
Michael's Utility Schedule in Table 19

question 23

Multiple Choice

Complete Table 19.3 below.Assume the price of cola is $8 per unit and the price of pretzels is $4 per unit.
$\begin{array}{llllll}\text { Units of}&\text { TU of}&\text {MU of }&\text { Units of}&\text {TU of }&\text {MU of }\\ \text {Cola }&\text { Cola}&\text {Cola }&\text {Pretzels }&\text { Pretzels}&\text {Pretzels }\\\hline 1&40&40&1&30&30\\2&\_\_\_&32&2&\_\_\_&20\\3&96&24&2&66&16\\4&112&\_\_\_&5&84&\_\_\_&\end{array}$
Table 19.3
Michael's Utility Schedule In Table 19.3, what is the total utility of two units of cola?

• A) 32.
• B) 40.
• C) 72.
• D) 96.

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Definitions:

Mass Produced

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Raw materials that can be directly attributed to the production of specific goods or services.

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