Question

Quantity of PizzaMarginal UtilityQuantity of BeerMarginal Utility
145140
240240
330335
415410
5-550

In the above table, how much beer and pizza will Bob consume if the price of a piece of pizza is $2.00 and the price of a beer is $2.00?

A) 1 piece of pizza and 3 beers

B) 2 pieces of pizza and 2 beers

C) 2 pieces of pizza and 3 beers

D) 3 pieces of pizza and 1 beer

Answer

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