Economics 9708 · AS & A Level · Utility and rational consumer behaviour

Utility and rational consumer behaviour — practice question

This table gives the total utility a consumer gets from good X at different consumption levels. consumed quantity of X 1 2 3 4 5 6 7 total utility in units 30 50 65 75 80 83 84 The consumer gets three units of utility from the last $ she spends on each good she buys. What is the largest number of units of X that she will consume if the price of X is $5?

  • A3
  • B4
  • C5
  • D6

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