Multiple Choice
Use the following to answer questions:
Figure: Optimal Choice 2
-(Figure: Optimal Choice 2) Refer to the figure. This figure represents indifference curves of a consumer who purchases flip-flops and sneakers. If the dotted line represents this consumer's budget constraint, then bundle D on the graph:
A) results in a lower level of overall utility than bundle E.
B) is preferred to point E but is unattainable.
C) has a higher marginal rate of substitution than bundle E.
D) maximizes total utility.
Correct Answer:

Verified
Correct Answer:
Verified
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