Jackson has $10, which he plans to allocate among three rides at the amusement park. Each ride on the Roller Coaster costs $3.00, on the Bumper Cars, $2.00, and on Splatter Mountain, $1.00. The Table below shows Jackson’s utility schedule for the three rides. Given Jackson’s budget constraint, what is the maximum utility he can receive from amusement park rides?

# OF RIDES	MARGINAL UTILITY FROM BUMPER CARS	MARGINAL UTILITY FROMSPLATTER MOUNTAIN	MARGINAL UTILITY FROM ROLLER COASTER
1	200	240	150
2	100	150	90
3	60	50	60
4	10	30	30
5	0	20	9
6	-72	10	0

A) We don’t have enough information to answer this question.

B) 300 utils

C) 890 utils.

D) 850 utils

E) 550 utils

Answer rating: 100% (QA)

Number of Rides Marginal Utility from Bumper Cars Margin... View the full answer