Solved

Refer to the Accompanying Table to Answer the Questions -Assume That Strawberries Cost $1 and Apples Cost $2

Question 57

Multiple Choice

Refer to the accompanying table to answer the questions.  Stranberries  Consunned  Total Utility  Apples  Consumed  Total Utility 000017114213226318336422444525550627654728756\begin{array}{cccc}\text { Stranberries } \\\text { Consunned } & \text { Total Utility } & \begin{array}{l}\text { Apples } \\\text { Consumed }\end{array} & \text { Total Utility } \\0&0 & 0 & 0 \\1&7 & 1 & 14 \\2&13 & 2 & 26 \\3&18 & 3 & 36 \\4&22 & 4 & 44 \\5&25 & 5 & 50 \\6&27 & 6 & 54 \\7&28 & 7 & 56\end{array}
-Assume that strawberries cost $1 and apples cost $2. Which of the following combinations of strawberries and apples satisfies the following rule? MUxPx=MUyPy\frac { M U _ { x } } { P _ { x } } = \frac { M U _ { y } } { P _ { y } }


A) 2 strawberries and 4 apples
B) 6 strawberries and 5 apples
C) 5 strawberries and 5 apples
D) 3 strawberries and 2 apples
E) 6 strawberries and 7 apples

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents