HEALTH ECONOMICS

Teacher: Teresita BalgosReporter: Group 4 MLS-II F

Kibig-kibig Snack Bar Owned and Managed by Barbie, Babe and Ken Partnership

Per customer (customer’s name: Thyrealle Frances Sorongon)CHICKEN LAURIAT

COMBI-

NATION

RICE (tbsp.)

CHICKEN

(bite)

JUICE UTILITY

MARGINAL

UTILITY

A 2 0 0 10 10

B 4 2 2 50 40

C 6 4 4 60 10

COMBI-

NATION

RICE (tbsp.)

PANCIT CANTO

N

JUICE UTILITY

MARGINAL

UTILITY

A 2 0 0 10 10

B 4 2 2 70 60

C 6 4 4 60 -10

COMBI-

NATION

RICE (tbsp.)

SIOMAI JUICE UTILITY

MARGINAL

UTILITY

A 2 0 0 40 40

B 4 2 2 80 40

C 6 4 4 70 -10

COMBI-NATIO

N

RICE (tbsp.)

CHICHARON

JUICE UTILITY

MARGINAL

UTILITY

A 2 0 0 30 30

B 4 2 2 20 -10

C 6 4 4 10 -10

COMBI-

NATION

RICE (tbsp.)

BUCHI JUICE UTILITY

MARGINAL

UTILITY

A 2 0 10 10

B 4 2 30 20

C 6 4 20 -10

COMBI-

NATION

PANCIT CANTO

N

SIOMAI JUICE UTILITY

MARGINAL

UTILITY

A 2 0 0 90 90

B 4 2 2 100 10

C 6 4 4 80 -20

COMBI-

NATION

PANCIT CANTO

N

CHICKEN

(bite)

JUICE UTILITY

MARGINAL

UTILITY

A 2 0 0 60 60

B 4 2 2 70 10

C 6 4 4 50 -20

COMBINATIO

N

PANCIT CANTO

N

CHICHA-RON

JUICE UTILITY

MARGINAL

UTILITY

A 2 0 0 40 40

B 4 2 2 20 -20

C 6 4 4 10 -10

COMBINATIO

N

PANCIT CANTO

N

BUCHI JUICE UTILITY

MARGINAL

UTILITY

A 2 0 10 10

B 4 2 10 0

C 6 4 10 0

COMBI-NATION

S

RICE (tbsp.)

CHICKEN (bite)

JUICE UTILITY MARGINAL

UTILITY

A 8 6 6 30 30

B 10 8 8 20 -10

C 12 10 10 20 0

D 14 12 12 10 -10

E 16 14 14 10 0

THE HAPPIEST PICTURE

-When she ate the combination B of pancit canton, siomai and juice which gained the highest utility, 100.

ANSWERS1. Combination of pancit canton, siomai and drink2. Customer’s satisfaction, completeness, highest marginal utility, highest utility/ happiness and customer’s preference.3. A. Rice complement- chicken, siomai, pancit canton, rice subsitute- chicharon and buchi B. Pancit canton complement- chicken and siomai, rice substitute- chicharon and buchi4. (A) as the combinations or servings areincreased, the tendency towards additional servings decreases.

BUDGET CONSTRAINTS:1. 50 pesos2. Yes, 50 pesos is already affordable to students.

CONSUMER’S CHOICE3. Customer’s satisfaction, customer’s preference, and

customer’s budget.4. Combination B of Pancit canton, siomai and drink.5. Combination B of Pancit Canton, chicharon and drink.6. Yes. Still it depends to the customer.

“A TASTE THAT LINGERS IN YOUR MOUTH WHERE YOU WILL KEEP COMING BACK FOR MORE”

-Kibig-kibig Snack Bar

Group 4 doing the activity…

GROUP 4 MEMBERS JULE NIEMBRA THYREALLE FRANCES SORONGON ANGELICA BAYHON CHERRY SUBALDO HERSHEY ANASARIAS JUSTIN GALLEGO