Multiple Choice
The following figure shows the indifference curves (IC) and the budget constraint (BC) of a consumer who needs to decide between the number of trousers and shirts he should purchase.
-Refer to the figure above.Given the consumer's budget constraint,the consumption bundle that maximizes his satisfaction consists of ________.
A) 0 shirts and 40 pairs of trousers
B) 10 shirts and 30 pairs of trousers
C) 20 shirts and 15 pairs of trousers
D) 35 shirts and 10 pairs of trousers
Correct Answer:
Verified
Correct Answer:
Verified
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