Solve this attachment. Exhibit 6-2 Total utility for hamburgers, fries, and CokesTotal UtilityTotal Utilityfrom Hamburgers1 hamburger (100 utils)2 hamburgers (180 utils)3 hamburgers (240 utils)Total Utilityfrom FriesI order of fries (30 utils)2 orders of fries (50 utils)3 orders of fries (60 utils)from Cokes1 Coke (40 utils)2 Cokes (60 utils)3 Cokes (70 utils)In Exhibit 6-2 assume that the price of hamburgers is $2 each, fries cost 50 cents29.each, and Cokes cost $1 cach. What is the marginal utility of having a second order offries?a. 10 utils.b. 20 utils.c. 30 utils.d. 50 utils.

A want satisfying power of a commodity or service is known as its utility. Utility is a significant…

Answered: 29. [from Coker 2Coke (50 a the price…

Business

Economics

29. [from Coker 2Coke (50 a the price of hamburgers in 52 each, frie 4.50

Economics:

10th Edition

ISBN:9781285859460

Author:BOYES, William

Publisher:BOYES, William

Chapter21: Demand: Consumer Choic

Section: Chapter Questions

Problem 1E

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Question

Solve this attachment.

Exhibit 6-2 Total utility for hamburgers, fries, and Cokes
Total Utility
Total Utility
from Hamburgers
1 hamburger (100 utils)
2 hamburgers (180 utils)
3 hamburgers (240 utils)
Total Utility
from Fries
I order of fries (30 utils)
2 orders of fries (50 utils)
3 orders of fries (60 utils)
from Cokes
1 Coke (40 utils)
2 Cokes (60 utils)
3 Cokes (70 utils)
In Exhibit 6-2 assume that the price of hamburgers is $2 each, fries cost 50 cents
29.
each, and Cokes cost $1 cach. What is the marginal utility of having a second order of
fries?
a. 10 utils.
b. 20 utils.
c. 30 utils.
d. 50 utils.

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