Question

y Problem 5-11 (algo) tina has decided to spend her evening eating sushi and watching videos. Each piece of sushi and each video costs $2. Hert for the two products is shown in the table below. VIDEO MOVIES SUSHI PIECES Total Marginal Utility 50 Total Marginal Utility umber Utility Number Utility 38 38 50 1 1 68 85 2 2 90 116 3 3 106 136 118 150 122 6 157 6 Complete the marginal utility columns in the table above. How should Christina allocate a budget of $12 to achieve utility maximization, and what will be her total utility? Videos: Score answer> 1 of 1 <Prev DO

Answer 1

Sushi Video TU TU MU No 38 3 8 1 1 30 %ς 68 8S 2 2. 22 3 1 3 116 16 10 6 20 I3 6 1 4 12 IS (18 K 4 122 7U at ith oad - Tu nt ()50d MU at ith 90d For video 85-S6 MU at 2nd0d video 16-85 video MU at ?vd 31 1 136-116 viddeo 20 1 Video MU at th IS0-136 14 Video MJ nt IS I For Sushi &E-89 30 MU at 2d sushi Sush MU t 3 90-63 22 MU at uth Sush 106-9 1 19-106 MU at sth Sushi 12 Nu at 6th sh | 22-112 4

Casts 2 Each vidoo 4 Sushi hav folloning combinction TU fluf) c ISt V,S +35ナ 31 + 20 ( 660) (0 3/ + 20F10y+38ニ188 204 (50 +35t = (5,) (S6 +35t 31 t 20 t38 E3) V.S) C4,2) 30f 22)= 206 35+3| + 38 (St 3,3) I 91 .S 35+ 3 2 t 20 22 16) (2,4) = ( v,s) ,5) 16 7 C S0 + 38 +30 22416 FI2) 11 -(o,6) ニC38+3 t 22+16 F12+4) 122 Moximum possibl utility = Fer 206 pieres 3 Jushi 3 video units;