What is your MU/P for Teryaki Bowls at 3 quantities?

You are hungry and thirsty and have $45.00 in your wallet/purse. You want to maximize your utility a Show more You are hungry and thirsty and have $45.00 in your wallet/purse. You want to maximize your utility and find your consumer optimum. Here is a table of your current situation: Jamba Juice: $5.00 Teryaki Bowl: $5.00 Jamba Juice Total Utility Teryaki Bowl Total Utility 0 0 0 0 1 100 1 600 2 220 2 1100 3 280 3 1500 4 330 4 1600 5 350 5 1650 5. What is your MU/P for Teryaki Bowls at 3 quantities? A. 20 B. 100 C. 10 D. 80 6. What is your MU/P for Jamba Juice at 4 quantities? A. 20 B. 100 C. 10 D. 80 7. What is Consumer Optimum when the only factor is price? A. 2 Jamba Juices and 2 Teryaki Bowls B. 3 Jamba Juices and 1 Teryaki Bowl C. 1 Jamba Juice and 4 Teryaki Bowls D. 4 Jamba Juices and 5 Teryaki Bowls 8. What is Consumer Optimum when both factors are price and income? A. 2 Jamba Juices and 2 Teryaki Bowls B. 3 Jamba Juices and 1 Teryaki Bowl C. 1 Jamba Juice and 4 Teryaki Bowls D. 4 Jamba Juices and 5 Teryaki Bowls Show less

Place New Order
It's Free, Fast & Safe

"Looking for a Similar Assignment? Order now and Get a Discount!

Feeling Lucky?

Enter your email address to spin the wheel for a chance to win exciting offers.