Question

Table 10-6
Quantity of BurgersMarginal UtilityQuantity of PepsiMarginal Utility
120130
214210
31037
4345
5151
6-560
7-107-4
Table 10-6 lists Jay's marginal utilities for burgers and Pepsi. Jay has $7 to spend on these two goods. The price of a burger is $2 and the price of a can of Pepsi is $1.
Refer to Table 10-6. If Jay can eat all the burgers he wants for free, how many burgers will he consume?
A) 7 burgers
B) 6 burgers
C) 5 burgers
D) 3 burgers

Answer

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