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Theory of rational choice

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A Whopper combo meal costs $3.00 and gives you an additional 15 units of utility; a meal at the Embassy Suites costs $29.00 and gives you an additional 145 units of utility. Based solely on the information you have, using the theory of rational choice, you most likely would: 

  1. Choose to eat the Whopper combo meal
  2. Decide that eating at the Embassy Suites is preferable because though the marginal utilities of both meals are the same, the total utility is greater in the case of the meal at the Embassy Suites.
  3. Be indifferent between the two meals
  4. Choose to eat at the Embassy Suites

Reference no: EM132484480

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