Question

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

The price of a magazine is $2, the price of a paperback book is $5, and the consumer has $33. According to the above table, the rational consumer will purchase

A) 1 magazine and 2 books.

B) 2 magazines and 3 books.

C) 4 magazines and 5 books.

D) 5 magazines and 6 books.

Answer

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