Sarah is trying to decide what combination of cups and plates to buy. Her budget is $6. Plates cost $2 each and cups cost $1 each. The numbers in the table represent total utility. Given her budget, which combination will maximize total utility? Utility from Plates Select the correct answer below: 3 plates and 0 cups 2 plates and 2 cups O1 plate and 4 cups 0 plates and 6 cups Quantity Plates Quantity Utility from Cups Cups 1 34 1 10 2 66 2 25 3 88 3 41 4 108 4 54 5 125 5 64 6 141 6 73 FEEDBACK
Sarah is trying to decide what combination of cups and plates to buy. Her budget is $6. Plates cost $2 each and cups cost $1 each. The numbers in the table represent total utility. Given her budget, which combination will maximize total utility? Utility from Plates Select the correct answer below: 3 plates and 0 cups 2 plates and 2 cups O1 plate and 4 cups 0 plates and 6 cups Quantity Plates Quantity Utility from Cups Cups 1 34 1 10 2 66 2 25 3 88 3 41 4 108 4 54 5 125 5 64 6 141 6 73 FEEDBACK
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Transcribed Image Text:Sarah is trying to decide what combination of cups and plates to buy. Her budget is $6. Plates cost $2 each and cups cost $1
each. The numbers in the table represent total utility. Given her budget, which combination will maximize total utility?
Utility from
Plates
Select the correct answer below:
3 plates and 0 cups
2 plates and 2 cups
O1 plate and 4 cups
0 plates and 6 cups
Quantity
Plates
Quantity
Utility from
Cups
Cups
1
34
1
10
2
66
2
25
3
88
3
41
4
108
4
54
5
125
5
64
6
141
6
73
FEEDBACK
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