elect one: 3 4 5 6 7 8 a 6 shakes and 0 burgers Ob. 5 shakes and 1 burger 1 shake and 1 burger d. 6 shakes and 2 burgers 36 sion programs are non-rival because 32 28 24 20 16 12 8 2 3 4 5 6 8 7 45 40 David's marginal utilities for milkshakes and burgers are given in the accompanying table. The price of milkshakes is $2, and the price of burgers is $5. If David's income is $22, how many milkshakes and how many burgers does he buy to maximize his utility? 35 30 25 20 15 10

Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter6: Consumer Choices
Section: Chapter Questions
Problem 13CTQ: Think back to a purchase that you made recently. How would you describe your thinking before you...
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QSHAKES
1
4
2
3
5
6
7
8
1 shake and 1 burger
Select one:
O a. 6 shakes and 0 burgers
O b. 5 shakes and 1 burger
Ос
O d. 6 shakes and 2 burgers
MUSHAKES
36
32
elevision programs are non-rival because
28
24
20
16
12
8
QBURGERS
1
2
3
4
5
6
7
8
MUBURGERS
45
40
35
30
25
David's marginal utilities for milkshakes and burgers are given in the accompanying table.
The price of milkshakes is $2, and the price of burgers is $5. If David's income is $22, how
many milkshakes and how many burgers does he buy to maximize his utility?
20
15
10
Transcribed Image Text:QSHAKES 1 4 2 3 5 6 7 8 1 shake and 1 burger Select one: O a. 6 shakes and 0 burgers O b. 5 shakes and 1 burger Ос O d. 6 shakes and 2 burgers MUSHAKES 36 32 elevision programs are non-rival because 28 24 20 16 12 8 QBURGERS 1 2 3 4 5 6 7 8 MUBURGERS 45 40 35 30 25 David's marginal utilities for milkshakes and burgers are given in the accompanying table. The price of milkshakes is $2, and the price of burgers is $5. If David's income is $22, how many milkshakes and how many burgers does he buy to maximize his utility? 20 15 10
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