Mark Spends His Weekly Income on Gin and Cocktail Olives

Multiple Choice

Mark spends his weekly income on gin and cocktail olives.The price of gin has risen from $7 to $9 per bottle,the price of cocktail olives has fallen from $6 to $5 per jar,and Mark's income has stayed fixed at $46 per week.Since the price changes,Mark has been buying 4 bottles of gin and 2 jars of cocktail olives per week.At the original prices,4 bottles of gin and 2 jars of cocktail olives would have

A) exactly exhausted his income.
B) cost more than his income.
C) cost less than his income.
D) could have maximized his satisfaction given his budget constraint.