Refer to the following table to answer the following questions:

-For 2 chips and 5 sodas to be a combination of goods that maximizes someone's utility per dollar,the price of chips must be ________ if the price of soda is $1.00.
A) $2.00
B) $3.00
C) $2.50
D) $3.50
E) $3.75

Question

Refer to the following table to answer the following questions:
 
-For 2 chips and 5 sodas to be a combination of goods that maximizes someone's utility per dollar,the price of chips must be ________ if the price of soda is $1.00.
A) $2.00 
B) $3.00 
C) $2.50 
D) $3.50 
E) $3.75

Quizplus · Accepted Answer

The Answer of Refer to the following table to answer the following questions:
 
-For 2 chips and 5 sodas to be a combination of goods that maximizes someone's utility per dollar,the price of chips must be ________ if the price of soda is $1.00.
A) $2.00 
B) $3.00 
C) $2.50 
D) $3.50 
E) $3.75

Refer to the Following Table to Answer the Following Questions