1. If the price of one Weight Watchers frozen dinner is $2 andthe price of one dozen jelly doughnuts is $1, which of thefollowing would Kent, a utility-maximizing consumer, buy with his$6?

2. If the price of one Weight Watcher's frozen dinner is $2 andthe price of one dozen jelly doughnuts is $3, which of thefollowing would Kent, a utility maximizing consumer, buy with his$6?

Jelly Donuts Frozen Dinners Total Utility (Units of utility) Dinners Dozen Consumed per Day Consumed perTotal Utility (Units day of utility) 12 21 27 30 30 28 16 32 46 46 42 36 4

Transcribed Image Text:

Jelly Donuts Dozen Consumed per Day 0123456 Total Utility (Units of utility) 0 12 21 27 30 30 28 Dinners Consumed per Total Utility (Units of utility) 0 16 32 day 0 1 2 3 4 Frozen Dinners 5 6 6 46 42 30 46 36 Jelly Donuts Dozen Consumed per Day 0123456 Total Utility (Units of utility) 0 12 21 27 30 30 28 Dinners Consumed per Total Utility (Units of utility) 0 16 32 day 0 1 2 3 4 Frozen Dinners 5 6 6 46 42 30 46 36

Answer rating: 100% (QA)

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