Question

15. Eric shabby knows that attending a hockey game will enhance his utility by 100 units and that it will cost $20 to purchase a ticket to the hockey game. If he chooses to attend a ballet performance instead and tickets to the ballet performance cost $8, we may conclude a. the hockey game was sold out. b. the ballet performance has shorter lines to purchase tickets than the hockey game. c. Eric gains more utility from a ballet performance than from a hockey game. d. Eric must attain at least 40 units of utility from the ballet performance. e. Eric must gain more than 100 units of utility from the ballet performance.