Question

Ray buys only hamburgers and bottles of root beer out of a weekly income of $100. He currently consumes 20 bottles of root beer per week, and his marginal utility of root beer is 6. The price of root beer is $2 per bottle. Currently, he also consumes 15 hamburgers per week, and his marginal utility of a hamburger is 8. Is Ray max- imizing utility at his current consumption basket? If not, should he buy more hamburgers each week, or fewer?

Answer 1

fewer hamburgers

Step-by-step explanation:

cuz he is buying more than his limit, more than he should.