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BARSIC [14]
3 years ago
8

c. If Biff is rational, and has no intention of winning the hot dog eating contest, what is the optimal number of hot dogs he wi

ll eat

Mathematics
1 answer:
Afina-wow [57]3 years ago
5 0

Answer:

8 units of Hot dog

Step-by-step explanation:

Total utility refers to the utility in which the is satisfaction after consuming the multiple units from a good or a service

As we can see from the attached figure that at the number of 8 hot dogs the total utility is maximum i.e 55

Therefore in the given case, the optimal number of hot dogs he will eat is 8 as at this point the total utility is more as compared to the other utilities

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