elect one: 3 4 5 6 7 8 a 6 shakes and 0 burgers Ob. 5 shakes and 1 burger 1 shake and 1 burger d. 6 shakes and 2 burgers 36 sion programs are non-rival because 32 28 24 20 16 12 8 2 3 4 5 6 8 7 45 40 David's marginal utilities for milkshakes and burgers are given in the accompanying table. The price of milkshakes is $2, and the price of burgers is $5. If David's income is $22, how many milkshakes and how many burgers does he buy to maximize his utility? 35 30 25 20 15 10

Principles of Economics, 7th Edition (MindTap Course List)
7th Edition
ISBN:9781285165875
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter21: The Theory Of Consumer Choice
Section: Chapter Questions
Problem 13PA
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Question
QSHAKES
1
4
2
3
5
6
7
8
1 shake and 1 burger
Select one:
O a. 6 shakes and 0 burgers
O b. 5 shakes and 1 burger
Ос
O d. 6 shakes and 2 burgers
MUSHAKES
36
32
elevision programs are non-rival because
28
24
20
16
12
8
QBURGERS
1
2
3
4
5
6
7
8
MUBURGERS
45
40
35
30
25
David's marginal utilities for milkshakes and burgers are given in the accompanying table.
The price of milkshakes is $2, and the price of burgers is $5. If David's income is $22, how
many milkshakes and how many burgers does he buy to maximize his utility?
20
15
10
Transcribed Image Text:QSHAKES 1 4 2 3 5 6 7 8 1 shake and 1 burger Select one: O a. 6 shakes and 0 burgers O b. 5 shakes and 1 burger Ос O d. 6 shakes and 2 burgers MUSHAKES 36 32 elevision programs are non-rival because 28 24 20 16 12 8 QBURGERS 1 2 3 4 5 6 7 8 MUBURGERS 45 40 35 30 25 David's marginal utilities for milkshakes and burgers are given in the accompanying table. The price of milkshakes is $2, and the price of burgers is $5. If David's income is $22, how many milkshakes and how many burgers does he buy to maximize his utility? 20 15 10
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