2. Leyla has a budget of €120 which she spends only on cocktails (C) and sushi boxes (S). The price for one cocktail is €5, the price for a sushi box is €10. For the number of cocktails and sushi boxes Leyla currently buys, her marginal utility of a cocktail is 3, her marginal utility of a sushi box is 4. She then decides to buy more cocktails and less sushi. What will happen to her utility? A. Her utility will decrease B. Her utility will increase C. Her utility will not change D. There is not enough information to determine what will happen with her utility.

2. Leyla has a budget of €120 which she spends only on cocktails (C) and sushi boxes (S). The price for one cocktail is €5, the price for a sushi box is €10. For the number of cocktails and sushi boxes Leyla currently buys, her marginal utility of a cocktail is 3, her marginal utility of a sushi box is 4. She then decides to buy more cocktails and less sushi. What will happen to her utility? A. Her utility will decrease B. Her utility will increase C. Her utility will not change D. There is not enough information to determine what will happen with her utility.

Micro Economics For Today

10th Edition

ISBN:9781337613064

Author:Tucker, Irvin B.

Publisher:Tucker, Irvin B.

Chapter6: Consumer Choice Theory

Section: Chapter Questions

Problem 3SQP

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