Multiple Choice
Suppose music CDs and movie DVDs give the same utility to Jane, and she has $200 to spend on music CDs and movie DVDs. The price of a movie DVD is $15, and the price of a music CD is $10. Which of the following is the most affordable bundle for maximizing her utility?
A) 10 music CDs and 5 movie DVDs
B) 10 music CDs and 10 movie DVDs
C) 5 music CDs and 5 movie DVDs
D) 15 music CDs and 5 movie DVDs
E) 5 music CDs and 10 movie DVDs
Correct Answer:
Verified
Correct Answer:
Verified
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