Multiple Choice
Refer to the following table to answer the following questions:
-Assume that strawberries cost $1 and apples cost $2.If a consumer has $16,the bundle of goods that would maximize his utility per dollar and remain within his budget would be
A) 2 strawberries and 7 apples.
B) 6 strawberries and 5 apples.
C) 4 strawberries and 6 apples.
D) 4 strawberries and 2 apples.
E) 7 strawberries and 7 apples.
Correct Answer:

Verified
Correct Answer:
Verified
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