A Consumer Has the Indifference Map Shown Below

Multiple Choice

A consumer has the indifference map shown below.The market prices of X and Y are $20 and $12,respectively.The consumer has $1,000 to spend on goods X and Y.The utility-maximizing bundle ________ (is,is not) a corner solution because __________________.

A) is; the consumer spends all income on good X to buy 50 units of X.
B) is; the consumer spends all income on good Y to buy 50 units of Y.
C) is not; the consumer buys 10 units of X and 40 units of Y.
D) is not; MRS equals the slope of the budget line.
E) is not; MRS does not equal the slope of the budget line.