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AP® Microeconomics

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Moderate

Utility-Maximization: Sushi and Water

APMICR-EZRJIL

Reese is a utility-maximizing consumer who uses all of her income to purchase California rolls and bottled water. The marginal utility of the last California roll she purchases is 8, and the marginal utility of the last bottled water is 6.

If the price of California rolls is $4, what is the price of bottled water?

A

\$8

B

\$6

C

\$4

D

\$3

E

\$2