Exhibit 6-4 Total utility for multiplex tickets, video rentals, and popcorn
Total Utilityfrom Multiplex Tickets
Total Utilityfrom Video Rentals
Total Utilityfrom Popcorn
1 movie (30 utils)
1 video (14 utils)
1 bag (8 utils)
2 movies (54 utils)
2 videos (24 utils)
2 bags (13 utils)
3 movies (72 utils)
3 videos (30 utils)
3 bags (15 utils)
4 movies (84 utils)
4 videos (32 utils)
4 bags (16 utils)
In Exhibit 6-4, assume the Multiplex tickets cost $6 each, video rentals cost $2 each, and bags of popcorn cost $1 each. Suppose the consumer has $12 per week to spend on multiplex tickets, video rentals, and popcorn. What combination of goods will give the consumer the most utility?
A. 1 movie, 3 videos, and no popcorn.
B. 1 movie, 2 videos, and 2 bags of popcorn.
C. 1 movie, 1 video, and 4 bags of popcorn.
D. 2 movies, no videos, and no bags of popcorn.
Answer: B
Economics
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