Multiple Choice
The following table shows Erica's utility for muffins and grapefruit.
-Refer to the above information to answer this question.If Erica has a budget of $5 and the price of a muffin is $2 and a grapefruit is $1,what will be her optimal purchase?
A) 0 muffin and 5 grapefruit.
B) 1 muffin and 3 grapefruit.
C) 2 muffins and 1 grapefruit.
D) 3 muffins and 0 grapefruit.
E) 3 muffins and 1 grapefruit.
Correct Answer:

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Correct Answer:
Verified
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