A-LevelEconomicsThe price system and the microeconomy9708/32 · Oct/Nov 2019 · Q51 Mark
A consumer has $3 to spend each day on chocolate bars or toffee bars, which all cost $1 each. The table below shows the units of additional satisfaction she gets from consuming each bar. 1st chocolate bar 16 1st toffee bar 14 2nd chocolate bar 13 2nd toffee bar 12 3rd chocolate bar 10 3rd toffee bar 9 What should she buy to maximise her total utility?
- (A)1 chocolate bar and 2 toffee bars
- (B)2 chocolate bars and 1 toffee bar
- (C)3 chocolate bars
- (D)3 toffee bars
Mark scheme
Marking points from the official mark scheme (Oct/Nov 2019). The mark or mark type is shown in brackets.
- [1] B
Write your answer and get it marked
On Oracle Prep you can write or photograph your own answer and have it marked by AI against this mark scheme, with feedback on what you missed.
Sign up free →