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Refer to the Accompanying Table to Answer the Questions

Question 47

Multiple Choice

Refer to the accompanying table to answer the questions.  Cluss  Marginal  Soda  Marginal  Consumed  Utility  Consumed  Utility 00118112215210312384946565463627070\begin{array}{cccc}\text { Cluss } & \text { Marginal } & \text { Soda } & \text { Marginal } \\\text { Consumed } & \text { Utility } & \text { Consumed } & \text { Utility } \\0&-&0&-\\1 & 18 & 1 & 12 \\2 & 15 & 2 & 10 \\3 & 12 & 3 & 8 \\4 & 9 & 4 & 6 \\5 & 6 & 5 & 4 \\6 & 3 & 6 & 2 \\7 & 0 & 7 & 0\end{array}
-Assume that chips cost $1 and soda costs $2. Which of the following combinations of chips and soda satisfies the rule MUxPx=MUyPy\frac { M U _ { x } } { P _ { x } } = \frac { M U _ { y } } { P _ { y } } ?


A) 2 chips and 4 sodas
B) 6 chips and 5 sodas
C) 5 chips and 4 sodas
D) 5 chips and 1 soda
E) 6 chips and 7 sodas

Correct Answer:

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