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Complete Table 19 Table 193
Michael's Utility Schedule Refer to Table 19

question 59

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.
 Units of TU ofMU of  Units ofTU of MU of Cola  ColaCola Pretzels  PretzelsPretzels 14040130302___322___2039624266164112___584___\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 Refer to Table 19.3.If Michael has $40 to spend on cola and pretzels, what is his maximum utility possible?


Definitions:

Argument

A series of statements structured to establish a position and persuade an audience, consisting of premises leading logically to a conclusion.

Proposition

An announcement that outlines a viewpoint or judgment.

Standard Form

A widely accepted or conventional format for presenting something, particularly in mathematical or logical expressions.

Syllogism Types

Various forms of logical arguments characterized by three parts: a major premise, a minor premise, and a conclusion.

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