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Jackson has $20, which he plans to allocate among three rides at the amusement park. Each ride on the Roller Coaster costs $4.00, on the Bumper Cars, $2.00, and on Splatter Mountain, $6.00. The Table below shows Jackson’s utility schedule for the three rides
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17. Given Jackson’s budget constraint, what combination of rides will maximize Jackson’s utility?
A.3 Roller Coasters, 1 Bumper Car, and 1 Splatter Mountain.
B.3 Splatter Mountains and 1 Bumper Car.
C.2 Roller Coaster rides, 3 Bumper Car rides and 1 Splatter Mountain ride.
D.2 Roller Coaster rides and 6 Bumper Car rides.
E.3 Roller Coaster rides, 4 Bumper Car rides and 2 Splatter Mountain rides.
18. Given Jackson’s budget constraint, what is the maximum utility he can receive from amusement park rides?
A.We don’t have enough information to answer this question.
B.300 utils
C.890 utils.
D.850 utils
550 utils
19. Using the Table above, if Jackson has only six dollars to spend what combination of rides will maximize his utility?
A.He will ride Splatter Mountain one time.
B.He will ride the Bumper Cars three times.
C.He will ride the Roller Coaster once and the Bumper Cars once.
D.He is indifferent between b) and c) because they yield the same utility.
E.He can’t maximize his utility with just $6.00.
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