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Title: The following table shows John's utility per dollar spent on pizza and sub sandwiches. John spends
Post by: stars_and_moon on Jul 20, 2016
The following table shows John's utility per dollar spent on pizza and sub sandwiches.  John spends $30 eating out per week and the price of pizza is $5 and the price of subs is $5.  What combination of pizza and sub sandwiches maximizes John's utility?

Quantity of Pizza   Marginal Utility per
dollar spent on pizza   Quantity of Sub
Sandwiches   Marginal Utility per
dollar spent on sub sandwiches
1   10   1   6
2   8   2   4
3   6   3   2
4   4   4   0
5   2   5   -2


Title: Re: The following table shows John's utility per dollar spent on pizza and sub sandwiches. John ...
Post by: kingby on Aug 9, 2016
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Title: Re: The following table shows John's utility per dollar spent on pizza and sub sandwiches. John spends
Post by: stars_and_moon on Aug 17, 2016
I figured, great answer


Title: Re: The following table shows John's utility per dollar spent on pizza and sub sandwiches. John spends
Post by: kingby on Aug 18, 2016
I was slightly debating this one, thanks for the feedback