Multiple Choice
The following table shows Pierre's utility for bagels and cider.
-Refer to the above information to answer this question.If Pierre has a budget of $12,the price of bagels is $1 and cider is $2,what will be his optimal purchase?
A) 2 bagel and 5 ciders.
B) 4 bagel and 4 ciders.
C) 6 bagels and 3 ciders.
D) 8 bagels and 2 ciders.
E) 10 bagels and 1 ciders.
Correct Answer:

Verified
Correct Answer:
Verified
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