Number of candy bar per day Total Utility Marginal Utility 1 40 75 3 100 4. 115 Number of Juice pack per day Total Utility Marginal Utility 1 30 54 3 72 4. 84 The marginal utility of the second candy bar is The total utility of five candy bars per day is If the price of a candy bar is JD1, the price of a Juice pack is JD2, and Adam has JD6 of income, then Adam's utility maximizing combination is

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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There are three different question.

All these three questions are given in the first picture and their choices are given in the second picture that are same but questions are different.So please solve all of these objective question.

Choose.
2 candy bar & 1 Juice pack per day
25
120
D2, and
110
4 candy bar &1 Juice pack per day
35
4 candy bar & 2 Juice pack per day
30
Transcribed Image Text:Choose. 2 candy bar & 1 Juice pack per day 25 120 D2, and 110 4 candy bar &1 Juice pack per day 35 4 candy bar & 2 Juice pack per day 30
Number of candy bar per day
Total Utility
Marginal Utility
1
40
75
3
100
4
115
Number of Juice pack per day
Total Utility
Marginal Utility
1
30
2
54
72
84
5
The marginal utility of the second candy bar is
The total utility of five candy bars per day is
If the price of a candy bar is JD1, the price of a Juice pack is JD2, and Adam has JD6 of income, then
Adam's utility maximizing combination is
6.
Transcribed Image Text:Number of candy bar per day Total Utility Marginal Utility 1 40 75 3 100 4 115 Number of Juice pack per day Total Utility Marginal Utility 1 30 2 54 72 84 5 The marginal utility of the second candy bar is The total utility of five candy bars per day is If the price of a candy bar is JD1, the price of a Juice pack is JD2, and Adam has JD6 of income, then Adam's utility maximizing combination is 6.
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