Question

Quantity of Hamburgers/WkTotal UtilityQuantity of Broadway Shows/WkTotal Utility
1401400
2602700
3763850
4864950
59151000
69361025

Refer to the above table. If the price of a hamburger is $2, the price of a Broadway Show is $60, and the consumer has $190, what is the consumer optimum?

A) 4 hamburgers and 2 Broadway shows.

B) 5 hamburgers and 3 Broadway shows.

C) 6 hamburgers and 0 Broadway shows.

D) 0 hamburgers and 6 Broadway shows.

Answer

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