Question

Number of Units Toffee (bars) Marginal Total Utility Utility Cashews (bags) Marginal Total Utility Utility TABLE 6-1 15) Refer to Table 6-1. If the prices of toffee bars and bags of cashews are both $1 and this consumer has $7 per week to spend on these two snacks, how many of each will he/she purchase to maximize utility? A) 2 toffee bars and 5 bags of cashews. B) 3 toffee bars and 4 bags of cashews. C) 4 toffee bars and 3 bags of cashews. D) 5 toffee bars and 2 bags of cashews. E) 6 toffee bars and 1 bag of cashews.