Jean Paul Sartre of Victoria, British Columbia has the total utility for products X and Y shown in the table below. On the assumption that the prices of X and Y are $1.5 and $2. respectively, and that Jean Paul Sartre's income is $9. Units of X Total Utility Units of Total Utility 16 2 15 28 19 3 36 21 22 4 4 40 5 42 How many units of the two products will Jean Paul Sartre buy to get maximum utility? Multiple Cholce 3 of X and 2 of Y 6 of X and O of Y 2 of X and 3 of Y 1 of X and 4 of Y
Jean Paul Sartre of Victoria, British Columbia has the total utility for products X and Y shown in the table below. On the assumption that the prices of X and Y are $1.5 and $2. respectively, and that Jean Paul Sartre's income is $9. Units of X Total Utility Units of Total Utility 16 2 15 28 19 3 36 21 22 4 4 40 5 42 How many units of the two products will Jean Paul Sartre buy to get maximum utility? Multiple Cholce 3 of X and 2 of Y 6 of X and O of Y 2 of X and 3 of Y 1 of X and 4 of Y
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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![Jean Paul Sartre of Victoria, British Columbia has the total utility for products X and Y shown in the table below. On the assumption that the prices of X and Y are $1.5 and $2. respectively, and that Jean
Paul Sartre's income is $9.
Units of
Total Utility Units of
Total Utility
1
9
16
2.
15
28
19
3
36
4
21
4
40
5
22
5
42
How many units of the two products will Jean Paul Sartre buy to get maximum utility?
Multiple Cholce
3 of X and 2 of Y
6 of X and O of Y
2 of X and 3 of Y
1 of X and 4 of Y](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fc98ba310-7904-45da-9ce7-acfcc5879e9c%2Fa311f350-3a41-48bf-b201-cba6e23c8ae8%2F48xj3wd_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Jean Paul Sartre of Victoria, British Columbia has the total utility for products X and Y shown in the table below. On the assumption that the prices of X and Y are $1.5 and $2. respectively, and that Jean
Paul Sartre's income is $9.
Units of
Total Utility Units of
Total Utility
1
9
16
2.
15
28
19
3
36
4
21
4
40
5
22
5
42
How many units of the two products will Jean Paul Sartre buy to get maximum utility?
Multiple Cholce
3 of X and 2 of Y
6 of X and O of Y
2 of X and 3 of Y
1 of X and 4 of Y
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