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Suppose there are four products that Samuel can purchase. Samuel obtains a discount on each of the products. The total benefi

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Answer #1

Answer: Samuel will purchase product 2 as an optimal product.

Samuel will purchase that product which will maximize his total benefit. That is, the optimal product is the product which gives him the highest Total benefit. In the graph when Samuel buys product 1, he gets a total benefit of 4. When he buys product 2, he gets a total benefit of 5. When he buys product 3, the total benefit he gets is 2. And when he buys product 4, his total benefit is 3.

Therefore, he gets the maximum Total benefit of 5 when he buys product 2. Thus the answer is: product 2.

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