(Table: Optimal Choice of Yogurt and Cheese) Use Table: Optimal Choice of Yogurt and Cheese. The price of yogurt is $2 per unit, and the price of cheese is $4 per pound. Hailey's income is $16. If she spends all of her income on cheese, the most she can buy is pounds of cheese, and her total utility will be Table: Utility from Yogurt and Cheese Number of yogurts 0 1 2 3 4 5 6 7 8 Total utility for yogurt 0 32 60 84 104 120 132 140 144 Pounds of cheese 0 1 2 3 4 5678 Total utility for cheese 0 44 84 120 152 180 204 224 240

The following table reflects the utility one receives from consuming a given product.      Units Consumed   Total Utility (TU)       Marginal Utility (MU)           0                                     0                              -------           1                                    60                              60           2                                  ____                            50           3                                  150                              ____           4                                  175                              ____           5                                  ____                            20           6                                  210                              ____   Complete the table solving for the missing total utility or marginal utility values in each           row. Total utility increases throughout the table. What rate does total utility increase?  In other       words, is it rising at an increasing rate, a…

Question 16     The first slice of pizza yields Ali 18 units of utility and the second yields him an additional 12 units of utility. His total utility from three slices is 38 units of utility. The marginal utility of the third slice is:            26 units of utility.            8 units of utility.            38 units of utility.             6 units of utility.

Question 5     Andrew is currently spending all his income on 2 goods, burgers and Pepsi. He buys burgers at 4 L.E. a unit, with a total utility of 1000 and a marginal utility of 24. He buys Pepsi at 1 L.E a unit with a total utility of 800 and a marginal utility of 18. In order of reach consumer equilibrium, he should consume:            The same amount of burgers and Pepsi.            More Pepsi but the same amount of burgers.            More Pepsi and less burgers.            More burgers but the same amount of Pepsi.            More burgers and less Pepsi.