Tacos Soda Quantity Utils Quantity Utils 0 0 0 0 1 14 1 100 2 24 2 120 3 32 3 134 4 38 4 144 Suppose the table above shows your total utility from tacos and sodas. Assuming you have $12 a week to spend, and the prices of tacos and sodas are $2 and $4, respectively. Which bundle is optimal for you to choose and why? (give your answer in pairs of tacos and sodas - for instance, x tacos and y sodas).

Tacos Soda Quantity Utils Quantity Utils 0 0 0 0 1 14 1 100 2 24 2 120 3 32 3 134 4 38 4 144 Suppose the table above shows your total utility from tacos and sodas. Assuming you have $12 a week to spend, and the prices of tacos and sodas are $2 and $4, respectively. Which bundle is optimal for you to choose and why? (give your answer in pairs of tacos and sodas - for instance, x tacos and y sodas).

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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