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The table below shows total utility for two products. Suppose that the price for product A is $5 and the price for product B is $5.
| Number of product A | Total Utility for A | Number of product B | Total Utility for B |
|---|---|---|---|
| 0 | 0 | 0 | 0 |
| 1 | 70 | 1 | 90 |
| 2 | 130 | 2 | 170 |
| 3 | 180 | 3 | 230 |
| 4 | 220 | 4 | 260 |
| 5 | 250 | 5 | 270 |
| Quantity of A | Marginal Utility for A | Marginal Utility for A per dollar | Quantity of B | Marginal Utility for B | Marginal Utility for B per dollar |
| 0 | - | - | 0 | - | - |
| 1 | 70
|
14
|
1 | 90
|
18
|
| 2 | 60
|
12
|
2 | 80
|
16
|
| 3 | 50
|
10
|
3 | 60
|
12
|
| 4 | 40
|
8
|
4 | 30
|
6
|
| 5 | 30
|
6
|
5 | 10
|
2
|
Suppose that a person has $25.
How many units of product A should she buy to maximize her happiness given her budget constraint?
How many units of product B should she buy to maximize her happiness given her budget constraint?
Box 1: Enter your answer as an integer or decimal number. Examples: 3, -4, 5.5172
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Box 2: Enter your answer as an integer or decimal number. Examples: 3, -4, 5.5172
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Box 3: Enter your answer as an integer or decimal number. Examples: 3, -4, 5.5172
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Box 4: Enter your answer as an integer or decimal number. Examples: 3, -4, 5.5172
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Box 5: Enter your answer as an integer or decimal number. Examples: 3, -4, 5.5172
Enter DNE for Does Not Exist, oo for Infinity
Box 6: Enter your answer as an integer or decimal number. Examples: 3, -4, 5.5172
Enter DNE for Does Not Exist, oo for Infinity
Box 7: Enter your answer as an integer or decimal number. Examples: 3, -4, 5.5172
Enter DNE for Does Not Exist, oo for Infinity
Box 8: Enter your answer as an integer or decimal number. Examples: 3, -4, 5.5172
Enter DNE for Does Not Exist, oo for Infinity
Box 9: Enter your answer as an integer or decimal number. Examples: 3, -4, 5.5172
Enter DNE for Does Not Exist, oo for Infinity
Box 10: Enter your answer as an integer or decimal number. Examples: 3, -4, 5.5172
Enter DNE for Does Not Exist, oo for Infinity
Box 11: Enter your answer as an integer or decimal number. Examples: 3, -4, 5.5172
Enter DNE for Does Not Exist, oo for Infinity
Box 12: Enter your answer as an integer or decimal number. Examples: 3, -4, 5.5172
Enter DNE for Does Not Exist, oo for Infinity
Box 13: Enter your answer as an integer or decimal number. Examples: 3, -4, 5.5172
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Box 14: Enter your answer as an integer or decimal number. Examples: 3, -4, 5.5172
Enter DNE for Does Not Exist, oo for Infinity
Box 15: Enter your answer as an integer or decimal number. Examples: 3, -4, 5.5172
Enter DNE for Does Not Exist, oo for Infinity
Box 16: Enter your answer as an integer or decimal number. Examples: 3, -4, 5.5172
Enter DNE for Does Not Exist, oo for Infinity
Box 17: Enter your answer as an integer or decimal number. Examples: 3, -4, 5.5172
Enter DNE for Does Not Exist, oo for Infinity
Box 18: Enter your answer as an integer or decimal number. Examples: 3, -4, 5.5172
Enter DNE for Does Not Exist, oo for Infinity
Box 19: Enter your answer as an integer or decimal number. Examples: 3, -4, 5.5172
Enter DNE for Does Not Exist, oo for Infinity
Box 20: Enter your answer as an integer or decimal number. Examples: 3, -4, 5.5172
Enter DNE for Does Not Exist, oo for Infinity
Box 21: Enter your answer as an integer or decimal number. Examples: 3, -4, 5.5172
Enter DNE for Does Not Exist, oo for Infinity
Box 22: Enter your answer as an integer or decimal number. Examples: 3, -4, 5.5172
Enter DNE for Does Not Exist, oo for Infinity