Chapter 9R, Problem 21MCQ

To determine

The result if Jill maximizes her utility where the video games cost $0.50 to play and ball toss costs $2 to play and she has $6 to spend.

Explanation of Solution

If Jill maximizes her utility, then she will achieve a total utility of 220 because it will produce greatest marginal utility for her with minimum spending.

Economics Concept Introduction

Introduction:

Marginal utility refers to the benefit that is gained by consuming one additional source or unit of any commodity.