Figure 21-8 -Refer to Figure 21-8.Assume That the Consumer Depicted Has an Consumer

Multiple Choice

Figure 21-8

-Refer to Figure 21-8.Assume that the consumer depicted has an income of $120.If the price of a bag of chocolate chips is $12 and the price of a bag of marshmallows is $12,what would the optimizing consumer choose to purchase

A) 3 bags of marshmallows and 9 bags of chocolate chips
B) 5 bags of marshmallows and 5 bags of chocolate chips
C) 8 bags of marshmallows and 6 bags of chocolate chips
D) 10 bags of marshmallows and 10 bags of chocolate chips