Suppose annie allocates her income between calzones and juices and that she has not yet spent her entire income. if the marginal utility of a fourth calzone is 100 units and the marginal utility of a third glass of juice is 50 units, she will:

John and sue smith are a married couple who file a joint income tax return. they have two children, so they claim a total of 4 exemptions (based on calendar year 2015 tax law, a personal exemption of $4,000 per person or dependent can be deducted from total income). in addition, they have legitimate itemized deductions totaling $25,750. their total income from wages is $237,500. what is the couple’s taxable income? $195,750 $221,500 $229,500 $205,750