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?
- Agood S: 1; good T: 1
- Bgood S: 2; good T: 1
- Cgood S: 3; good T: 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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