Question: Please answer steps A- E thank you. The table below shows the total benefit, in dollars that Courtney derves from consuming two goods, Good F
The table below shows the total benefit, in dollars that Courtney derves from consuming two goods, Good F and candy barn Quantity of Good F Total Benefit of Good SO Quantity of Candy Bars 0 + $40 1 2 2 $70 $90 Total Benefit of Candy Bars so sad $120 $1.00 $152 $150 $180 3 4 4 3100 $100 3 5 $105 6 Courtney honested weekly income ot 29. and she went to Good and candy bar Ancome the price of Good Fiseront and the price of a candy bar entity the quantity of Good and the quantity of candy bars that we courtneys total benefit given het weekly income from magma analysis Be Courte consumers from the fourth candy bar Show your work it couco come decretom 20 to I would rather to buyurt of Good Food and begum that can be produced in terms market and protection candy bar res borowi undebant where the the poolt Goodwind out of our stood w Based on the chien we dood des of The table below shows the total benefit, in dollars, that Courtney derives from consuming two goods, Good Fand candy bars Quantity of Good F Quantity of Candy Bars 0 1 1 Total Benefit of Good F $0 $40 $70 $90 $100 Total Benefit of Candy Bars $o $80 $120 $140 2 2 3 4 3 4 ST52 5 $103 $105 5 8 $150 $150 0 Courtney has a imited weekly income of $20, and she spends it all on Good Fond candy bars. Assume the price of Good Fis $2 per unit and the price of a candy bar is $4 (ar identify the quantity of Good F and the quantity of candy bars that will maximize Courtney's total benefit given her weekly income. Explain using marginal analysis (by Calculate Courtney's consumer surplus from the fourth candy bar Show your work Coir Courtney's weekly income decreases from $20 to $18, would Courtney be able to buy 5 units of Good F and 2 candy baru? Explain using numbers d) Suppose that candy bors are produced in a perfectly competitive market and the price of sugatan input to the production of candy bats, increase it candy bars are not good will the quantity of candy bars that will mamize Courtney's total benefit increase decrease or stay the same? Explain Tel Sentdad that the price of Good Fincreases by 95 and Courtney buyo bless of Good and less of Good W Bated on this change dentity whether Good Fand Good Wire substitutes, complements, or not related explain using numbers The table below shows the total benefit, in dollars that Courtney derves from consuming two goods, Good F and candy barn Quantity of Good F Total Benefit of Good SO Quantity of Candy Bars 0 + $40 1 2 2 $70 $90 Total Benefit of Candy Bars so sad $120 $1.00 $152 $150 $180 3 4 4 3100 $100 3 5 $105 6 Courtney honested weekly income ot 29. and she went to Good and candy bar Ancome the price of Good Fiseront and the price of a candy bar entity the quantity of Good and the quantity of candy bars that we courtneys total benefit given het weekly income from magma analysis Be Courte consumers from the fourth candy bar Show your work it couco come decretom 20 to I would rather to buyurt of Good Food and begum that can be produced in terms market and protection candy bar res borowi undebant where the the poolt Goodwind out of our stood w Based on the chien we dood des of The table below shows the total benefit, in dollars, that Courtney derives from consuming two goods, Good Fand candy bars Quantity of Good F Quantity of Candy Bars 0 1 1 Total Benefit of Good F $0 $40 $70 $90 $100 Total Benefit of Candy Bars $o $80 $120 $140 2 2 3 4 3 4 ST52 5 $103 $105 5 8 $150 $150 0 Courtney has a imited weekly income of $20, and she spends it all on Good Fond candy bars. Assume the price of Good Fis $2 per unit and the price of a candy bar is $4 (ar identify the quantity of Good F and the quantity of candy bars that will maximize Courtney's total benefit given her weekly income. Explain using marginal analysis (by Calculate Courtney's consumer surplus from the fourth candy bar Show your work Coir Courtney's weekly income decreases from $20 to $18, would Courtney be able to buy 5 units of Good F and 2 candy baru? Explain using numbers d) Suppose that candy bors are produced in a perfectly competitive market and the price of sugatan input to the production of candy bats, increase it candy bars are not good will the quantity of candy bars that will mamize Courtney's total benefit increase decrease or stay the same? Explain Tel Sentdad that the price of Good Fincreases by 95 and Courtney buyo bless of Good and less of Good W Bated on this change dentity whether Good Fand Good Wire substitutes, complements, or not related explain using numbers
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