Question: Andrew presents you with his utility schedule below. He informs you that CDs are $ 6 each and MP 3 s are $ 3 each.
Andrew presents you with his utility schedule below. He informs you that CDs are $ 6 each and MP 3 s are $ 3 each. Andrew doesn't want to spend more than $ 18 total on both CDs and MP 3 s. Andrew wants to know what consumption bundle he should choose if he wants to maximize his utility. Enter the quantities of CDs and MP 3 s he can bundle to maximize his utility. Utility from Consumption Quantity of CDs Total Utility from CDs Quantity of MP3s Total Utility from MP3s 1 26 1 18 2 50 2 35 3 72 3 51 4 66 5 80 6 93
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