Question: Tacos Apples Quantity Total Utility Quantity Total Utility 3 123 24 30 Sally derives utility from consuming apples and tacos as shown in the table
Tacos Apples Quantity Total Utility Quantity Total Utility 3 123 24 30 Sally derives utility from consuming apples and tacos as shown in the table above. Apples cost $1 each and tacos cost $2 each. (23) What is the marginal utility of the 4th Tacos? (24) of the two goods (apples and tacos), which would Sally purchase first? Why? (25) If Sally has 59 to spend on apples and tacos, how many apples and tacos will she purchase to maximize utility
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