Multiple Choice
Refer to the following table to answer the following questions:
-Assume that chips cost $1 and soda costs $2.If the consumer has $14,the combination of goods that would maximize his utility per dollar and remain within his budget would be
A) 2 chips and 7 sodas.
B) 6 chips and 4 sodas.
C) 4 chips and 6 sodas.
D) 4 chips and 2 sodas.
E) 7 chips and 7 sodas.
Correct Answer:

Verified
Correct Answer:
Verified
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