The table shows Elaine's total utility from pizza and hamburgers. Elaine spends $10 a week on pizza and hamburgers. The price of a slice of pizza is $2 and the price of a hamburger is $2. Elaine maximizes her total utility. How many slices of pizza and how many hamburgers does Elaine buy each week? THE Elaine maximizes her total utility by buying and hamburgers a week. A. 5,0 OB. 3, 2 OC. 0:5 OD. 2:3 slices of pizza Slices per week 0 Pizza 12345 Total utility 100 150 175 190 195 Hamburgers Number per week 0 1 -234 5 Total utility 0 70 130 180 220 250

The table shows Elaine's total utility from pizza and hamburgers. Elaine spends $10 a week on pizza and hamburgers. The price of a slice of pizza is $2 and the price of a hamburger is $2. Elaine maximizes her total utility. How many slices of pizza and how many hamburgers does Elaine buy each week? THE Elaine maximizes her total utility by buying and hamburgers a week. A. 5,0 OB. 3, 2 OC. 0:5 OD. 2:3 slices of pizza Slices per week 0 Pizza 12345 Total utility 100 150 175 190 195 Hamburgers Number per week 0 1 -234 5 Total utility 0 70 130 180 220 250

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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