3.2k views
0 votes
Suppose you have $19 to spend. pepsi costs $1 per can, and pizza costs $2 per slice. given the marginal utilities shown, what combination of pizza and pepsi will maximize your satisfaction? click the number of pepsis and the number of pizza slices.

User Junior
by
7.8k points

1 Answer

3 votes
The satisfaction we get by the combination of eating pizza and drinking soda is that in which we are able to eat more pizza and still have money left to conclude the session with a soda. With this, only one soda is needed.

With the given amount for soda and each slices of pizza, one can get the satisfaction by eating 9 slices of pizza for $18 and drinking one can of soda for $1. This then would total to $19.
User Wagmare
by
7.9k points
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.