Miss Coco consumes cheese cake and curry puff. Her consumption yields the following total utility as shown in the given table. Miss Coco has RM52 to spend. Suppose that the prices of cheese cake and curry puff are RM8 and RM4, respectively.Quantity(units)Total UtilityCheese CakeCurry Puff156322104603136844160104517011661761267178134 How many units of cheese cake and curry puff should Miss Coco buy to maximize her utility with the income of RM52?

The entire satisfaction gained from the consumption of an item or service is referred to as utility…

Answered: Miss Coco consumes cheese cake and…

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Miss Coco consumes cheese cake and curry puff. Her consumption yields the following total utility as shown in the given table. Miss Coco has RM52 to spend. Suppose that the prices of cheese cake and curry puff are RM8 and RM4, respectively.

Quantity (units)	Total Utility
Cheese Cake	Curry Puff
1	56	32
2	104	60
3	136	84
4	160	104
5	170	116
6	176	126
7	178	134

How many units of cheese cake and curry puff should Miss Coco buy to maximize her utility with the income of RM52?

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