The following gives the marginal utility of John’s consumption of three goods A, B, and C.

 

Goods A, and Band C costs ksh2, ksh1, and ksh3 respectively.

How many units of each good should a consumer take to maximize utility with an incomebof ksh12?

Transcribed Image Text:

Units of Consumption 123456 Marginal utility of good A 20 18 16 14 12 10 Marginal utility of Marginal utility of good B good C 25 45 30 20 15 10 8 6 24 18 15 12 Units of Consumption 123456 Marginal utility of good A 20 18 16 14 12 10 Marginal utility of Marginal utility of good B good C 25 45 30 20 15 10 8 6 24 18 15 12

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