Business
Business, 28.01.2020 04:31, zhellyyyyy

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

answer
Answers: 2

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The marginal utility from the first three bananas consumed are: 19, 15, and 5 respectively. the mar...

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