Jose Consumes Rare Books Which Cost Him 8 Pesos Each

Multiple Choice

Jose consumes rare books which cost him 8 pesos each and pieces of antique furniture which cost him 10 pesos each.He spends his entire income to buy 9 rare books and 11 pieces of antique furniture.Nigel has the same preferences as Jose, but faces different prices and has a different income.Nigel has an income of 162 pounds.He buys rare books at a cost of 4 pounds each and pieces of antique furniture at a cost of 11 pounds each.

A) Nigel would prefer Jose's bundle to his own.
B) Jose would prefer Nigel's bundle to his own.
C) Neither would prefer the other's bundle to his own.
D) Each prefers the other's bundle to his own.
E) We can't tell whether either would prefer the other's bundle without knowing what quantities Nigel consumes.