Question

Quantity of Magazines/WkTotal UtilityQuantity of Paperbacks/WkTotal Utility
0000
1601200
21002400
31303500
41404550
51425575
61426580

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

A) 2 magazines and 2 books.

B) 2 magazines and 3 books.

C) 5 magazines and 6 books.

D) 4 magazines and 5 books.

Answer

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