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Economics (AS & A Level) · Feb / March 2023 · Paper 32 · Question 2

9708Utility

The price of good S is $6 and the price of good T is $8. A consumer's marginal utility for each good is shown. If this consumer wants to maximise total utility, which combination of goods would they consume?

  1. Agood S: 1; good T: 1
  2. Bgood S: 2; good T: 1
  3. Cgood S: 3; good T: 4
  4. Dgood S: 5; good T: 5

As printed in the paper

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Correct answer: B. good S: 2; good T: 1

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