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- 2. Gorgeousleny purchased a combination of 15 breads and 5 juices with her income of P150 and price of bread is P6 and price of juice is P12. She proudly showed this to her mom, and to her dismay her mom said that she likes more juices than bread since its summer season. While on her way home she lost the receipt, but fortunately she can still receive store credit based from the total value of products. While approaching the customer service representative , she thought of this what if she sticks with her original plan of buying bread alone with no juice and vice versa. At the moment all juices in the store is 50% off. Draw the graph showing the budget constraints arise from endowments. a. ) Measure the qty. of bread on the vertical axis and the qty. of juice on the horizontal axis. Label both graph with its corresponding points, pt. A for bread and point B for juice. the combination of bread and juice label it as point C. b.) For both graph, What is the slope from point C…What is a extrapolationThe table shows a consumer's utility schedule. Number of Units Consumed Total Utility 0 0 1 4 2 10 3 18 4 23 5 25 Based on the data in the table, you can conclude that the Multiple Choice marginal utility of the second unit is 14. total utility of 3 units is 54. total utility of 4 units is 5. marginal utility of the fifth unit is 2.
- Exercise A1 Name three kinds of graphs and briefly state when is most appropriate to use each type of graph.Table 6.4 Chocolate Bars Total Utility 1 10 2 25 3 4 60 5 70 Refer to Table 6.4, which shows a utility schedule for a consumer’s consumption of chocolate bars. The total utility derived from the consumption of one chocolate bar is _____ units. Group of answer choices 70 10 2 45 15Choose the best answer using the utility chart below.  What is the total utility for five snow cones? A. 50 B. 60 C. 45 D. 75
