Complete Table 19

question 93

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.
Refer to Table 19.3.If Michael has $28 dollars to spend, why will three colas and four pretzels not be optimal?

• A)This combination has less total utility.
• B)This combination is affordable but does not maximize utility.
• C)This combination is not affordable.
• D)This combination has less marginal utility per dollar.

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Definitions:

Unrelated Ideas

Concepts or thoughts that have no direct connection or relevance to each other.

Creative

Characterized by the ability or power to create or bring something new into existence, often through imaginative skill.

Pure Solutions

Strategies or outcomes that are exclusively focused on solving a problem or addressing a need without any dilution or compromise.

Brainwriting

Arriving at creative ideas by jotting them down yourself.