Question: Question 1 - Nadia has $ 2 0 per week to spend on any combination of pineapples and green tea. The price of a pineapple
Question
Nadia has $ per week to spend on any combination of pineapples and green tea. The price of a pineapple is $ and the price of a bottle of green tea is $ The table below shows Nadia's utility values. Use the table to answer the questions that follow the table.
tabletableQuantityofPineapplestableTotalUtilitytableMarginalUtilitytableMarginalUtility perDollartableQuantityof GreenTeatableTotalUtilitytableMarginalUtilitytableMarginalUtility perDollar
a Complete the table by filling in the blank spaces.
b Suppose Nadia purchases pineapples and bottles of green tea. Is she consuming the optimal consumption bundle? If so explain why. If not, what combination should he buy and why?
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