Exhibit 6-2 Total utility for hamburgers, fries, and Cokes
Total Utilityfrom Hamburgers
Total Utilityfrom Fries
Total Utilityfrom Cokes
1 hamburger (100 utils)
1 order of fries (30 utils)
1 Coke (40 utils)
2 hamburgers (180 utils)
2 orders of fries (50 utils)
2 Cokes (60 utils)
3 hamburgers (240 utils)
3 orders of fries (60 utils)
3 Cokes (70 utils)
In Exhibit 6-2, assume that the price of hamburgers is $2 each, fries cost 50 cents each, and Cokes cost $1 each. Suppose the consumer has $6 to spend on hamburgers, fries, and Cokes. Which of the following meals gives the consumer the most utility?
A. 3 hamburgers, no fries, and no Cokes.
B. 2 hamburgers, no fries, and 2 Cokes.
C. 2 hamburgers, 2 orders of fries and 1 Coke.
D. 1 hamburger, 2 orders of fries, and 3 Cokes.
Answer: C
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