Multiple Choice
Figure 21-8
-Refer to Figure 21-8.Assume that the consumer depicted has an income of $200.If the price of a bag of chocolate chips is $10 and the price of a bag of marshmallows is $10,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
Correct Answer:
Verified
Correct Answer:
Verified
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