Multiple Choice
-The table above gives the utility from pens and pencils. If the consumer has an income of $4, pens cost $1, and pencils cost $.20, which of the following combinations maximizes the consumer's utility?
A) 4 pens and 0 pencils
B) 3 pens and 5 pencils
C) 3 pens and 6 pencils
D) no combination shown
Correct Answer:

Verified
Correct Answer:
Verified
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