Use the following to answer question:
-(Table: Utility from Milk and Honey) Look at the table Utility from Milk and Honey. The price of milk is $2 and the price of honey is $4. If Max's income is $16, he buys _____ bottle(s) of milk and _____ jar(s) of honey.
A) 1; 1
B) 4; 2
C) 5; 4
D) 6; no

Question

Use the following to answer question: 
-(Table: Utility from Milk and Honey) Look at the table Utility from Milk and Honey. The price of milk is $2 and the price of honey is $4. If Max's income is $16, he buys _____ bottle(s) of milk and _____ jar(s) of honey.
A) 1; 1 
B) 4; 2 
C) 5; 4 
D) 6; no

Quizplus · Accepted Answer

Max's income is $16. If he buys 4 bottles of milk at $2 each, he spends $8. If he buys 2 jars of honey at $4 each, he spends another $8. This totals his income of $16, making option B correct.

Use the Following to Answer Question