The marginal utility from the first three bananas consumed are: 19, 15, and 5 respectively. The marginal utility from the first three pizza slices are: 48, 33, and 3 respectively. The marginal utility from the first three pairs of cheap sandals is 120, 30, and 6. Each banana costs $1, pizza costs $3 per slice, and a pair of sandals cost $6. You have $6 in your budget. How do you maximize your utility?
A. 1 pair of sandals
B. 3 bananas, 1 pizza slice
C. 3 pizza slices
D. 3 pairs of sandals
E. 2 pizza slices
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “The marginal utility from the first three bananas consumed are: 19, 15, and 5 respectively. The marginal utility from the first three pizza ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
Victryl Company applies overhead based on direct labor hours. At the beginning of the year, Victryl estimates overhead to be $700,000, machine hours to be 200,000, and direct labor hours to be 35,000.
Answers (1)
Pedro purchases 50 shares of piper company stock on february 19, 2013, at a cost of 4,300. he sells the 50 shares on july 2, 2016, for 9,000. on march 14, 2016, pedro purchases 100 shares of troxel stock for 9700.
Answers (1)
When you purchase an existing business why is it important to know the owners reason for selling
Answers (1)
How to disable recruiting in NCAA 13
Answers (1)
Find the expected return for Jackson Corporation. Round to the nearset hundredth percent. Answer in the percent format. Do not include % sign in your answer (i. e. If your answer is 4.33%, type 4.33 without a % sign at the end.)
Answers (1)
New Questions in Business
The term "constant returns to scale" describes a situation where expanding all inputs does not change the average cost of production. a larger-scale firm can produce at a lower cost than a smaller-scale firm.
Answers (1)
When you visit a campus, you should plan to do all of the following except. A. stay the night in a dorm. B. meet with a professor. C. sit in on a class lecture. D. attend a college party.
Answers (2)
1. An ATM card is used on January 24 to withdraw cash. What is the balance after this transaction?
Answers (1)
Which task would most likely be completed by fraud examiner
Answers (1)
how do i make a resume im trying to get a job for the summer to make some money but i dont know how to make one
Answers (1)