Question

Quantity of Magazines/WkTotal UtilityQuantity of Paperback Books/WkTotal Utility
0000
1501300
2902500
31203600
41304650
51325675
61326680

Refer to the above table. If a consumerʹs optimum consists of 3 magazines and 6 books, then

A) the price of a magazine is six times more than the price of a book.

B) the price of a magazine is three times more than the price of a book.

C) the price of a book is more than five times more than the price of a magazine.

D) the price of a book is six times more than the price of a magazine.

Answer

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