The table below shows the marginal utility from consuming mini pizzas and sodas. If pizzas and soda are the only goods and the price of a mini pizza is $1 and the price of a soda is $.50, how many of each will maximize utility if you have $4 for lunch? Number of Marginal Number of Marginal Pizzas Utility Sodas Utility 1 10 6 2 3 4 1 4 2 4 1 5 1. Calculate the marginal utility per dollar for sodas. Show your work. 2. How many pizzas and sodas maximize utility?

Question

Answer this for me mate. Much appreciated.

The table below shows the marginal utility from consuming mini pizzas and sodas. If pizzas and soda are
the only goods and the price of a mini pizza is $1 and the price of a soda is $.50, how many of each will
maximize utility if you have $4 for lunch?
Number of
Marginal
Number of
Marginal
Pizzas
Utility
Sodas
Utility
1
10
6
2
3
4
1
4
2
4
1
5
1. Calculate the marginal utility per dollar for sodas. Show your work.
2. How many pizzas and sodas maximize utility?
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Transcribed Image Text

The table below shows the marginal utility from consuming mini pizzas and sodas. If pizzas and soda are the only goods and the price of a mini pizza is $1 and the price of a soda is $.50, how many of each will maximize utility if you have $4 for lunch? Number of Marginal Number of Marginal Pizzas Utility Sodas Utility 1 10 6 2 3 4 1 4 2 4 1 5 1. Calculate the marginal utility per dollar for sodas. Show your work. 2. How many pizzas and sodas maximize utility?