Question

Lise the table below to answer the following questions. Table 8.1.3 Bags of Popcorn Marginal Utility Bottles of Pop Marginal Utility 120 120 70 100 80 60 40 2) Refer to Table 8.1.3. Henry is maximizing his utility by consuming 3 bags of popcorn and 3 bottles of pop. What is the ratio of the price of popcorn to the price of pop? A) 4/3 B) 1 C) 3/4 D) 1/2 E) 6/5