The following table shows Madison's utility, from consuming popcom and Coke: Suppose that Madison thas income of $39.00, the price of popcom is $3.00, and the price of Coke is $13.50. If Madison wants to maximize her utility, how much popcorn and Coke should she buy? Coke Popcom Marginal Utility 96 72 Quantity Marginal Utility 144 2. 108 72 36 48 3 4. 24 12 18 6. cans of Coke. (Enter your responses as Madison should buy boxes of popcom and integers.)
The following table shows Madison's utility, from consuming popcom and Coke: Suppose that Madison thas income of $39.00, the price of popcom is $3.00, and the price of Coke is $13.50. If Madison wants to maximize her utility, how much popcorn and Coke should she buy? Coke Popcom Marginal Utility 96 72 Quantity Marginal Utility 144 2. 108 72 36 48 3 4. 24 12 18 6. cans of Coke. (Enter your responses as Madison should buy boxes of popcom and integers.)
Chapter10: Consumer Choice Theory
Section: Chapter Questions
Problem 4P
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