Multiple Choice
-The indifference curves in the figure above (I1, I2, and I3) reflect Peter's consumption preferences. If Peter consumes 24 slices of pizza and 24 chocolate bars per month, he as satisfied as he would be consuming ________ slices of pizza and ________ chocolate bars per month.
A) 48; 12
B) 40; 20
C) 32; 8
D) 16; 16
Correct Answer:

Verified
Correct Answer:
Verified
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