Use the following to answer question:
-(Table: Utility from Candy Bars and Sodas)Use Table: Utility from Candy Bars and Sodas.Stan's daily income is $11,the price of a candy bar is $2,and the price of a soda is $1.Given this budget constraint,Stan will receive the MOST utils from consuming _____ candy bar(s)and _____ sodas.
A)3;5
B)1;4
C)5;6
D)2;7

Question

Use the following to answer question: 
-(Table: Utility from Candy Bars and Sodas)Use Table: Utility from Candy Bars and Sodas.Stan's daily income is $11,the price of a candy bar is $2,and the price of a soda is $1.Given this budget constraint,Stan will receive the MOST utils from consuming _____ candy bar(s)and _____ sodas.
A)3;5 
B)1;4 
C)5;6 
D)2;7

Quizplus · Accepted Answer

Stan can spend his $11 on candy bars and sodas. With candy bars at $2 each and sodas at $1 each, buying 3 candy bars ($6) and 5 sodas ($5) uses the entire $11 budget. This combination is chosen based on the assumption it maximizes his utility, given the constraint of his budget and the prices of the goods.

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