The below table shows the average utility (in utils) obtained from the consumption of goods A and B.Table 7.3

-Mr. Rational has $27 that he plans to spend purchasing 5 units of good X (priced at $3 per unit) and 6 units of good Y (priced at $2 per unit). The marginal utility of the fifth unit of X is 30, and the marginal utility of the sixth unit of Y is 30. If Mr. Rational is a utility maximizer, he should:
A)not buy anything.
B)buy more of X and less of Y.
C)buy less of X and more of Y.
D)buy X and Y in the quantities indicated.
E)buy less of X and even lesser than that of Y.

Question

The below table shows the average utility (in utils) obtained from the consumption of goods A and B.Table 7.3
 
-Mr. Rational has $27 that he plans to spend purchasing 5 units of good X (priced at $3 per unit) and 6 units of good Y (priced at $2 per unit). The marginal utility of the fifth unit of X is 30, and the marginal utility of the sixth unit of Y is 30. If Mr. Rational is a utility maximizer, he should:
A)not buy anything. 
B)buy more of X and less of Y. 
C)buy less of X and more of Y. 
D)buy X and Y in the quantities indicated. 
E)buy less of X and even lesser than that of Y.

Quizplus · Accepted Answer

The Answer of The below table shows the average utility (in utils) obtained from the consumption of goods A and B.Table 7.3
 
-Mr. Rational has $27 that he plans to spend purchasing 5 units of good X (priced at $3 per unit) and 6 units of good Y (priced at $2 per unit). The marginal utility of the fifth unit of X is 30, and the marginal utility of the sixth unit of Y is 30. If Mr. Rational is a utility maximizer, he should:
A)not buy anything. 
B)buy more of X and less of Y. 
C)buy less of X and more of Y. 
D)buy X and Y in the quantities indicated. 
E)buy less of X and even lesser than that of Y.

The Below Table Shows the Average Utility (In Utils) Obtained