he following table shows Linda's utility from drinking coffee and eating cake. The price of coffee is JD2 a dozen, the price of cake is JD2 a slice, and Linda has JD10 to spend on coffee and cake. Use this information to answer questions (1-4) Quantity of coffee/week 2 3 4 50 1 Total utility 50 75 90 97 100 Quantity of Cake/week 2 4 3 Total Utility 50 46 40 31 18 ol When Linda increases her consumption of cake, her total utility decrease O b. increase increase then decrease Odremains the same
he following table shows Linda's utility from drinking coffee and eating cake. The price of coffee is JD2 a dozen, the price of cake is JD2 a slice, and Linda has JD10 to spend on coffee and cake. Use this information to answer questions (1-4) Quantity of coffee/week 2 3 4 50 1 Total utility 50 75 90 97 100 Quantity of Cake/week 2 4 3 Total Utility 50 46 40 31 18 ol When Linda increases her consumption of cake, her total utility decrease O b. increase increase then decrease Odremains the same
Micro Economics For Today
10th Edition
ISBN:9781337613064
Author:Tucker, Irvin B.
Publisher:Tucker, Irvin B.
Chapter6: Consumer Choice Theory
Section: Chapter Questions
Problem 4SQP
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