Multiple Choice
Suppose Monica has $20 to spend on pizza and soda.The price of a slice of pizza is $1.00 and the price of a can of soda is $.75.Which of the following is the most affordable bundle for maximizing her utility?
A) 20 slices of pizza and 10 cans of soda
B) 10 slices of pizza and 20 cans of soda
C) 4 slices of pizza and 17 cans of soda
D) 7 slices of pizza and 17 cans of soda
E) 20 slices of pizza and 25 cans of soda
Correct Answer:
Verified
Correct Answer:
Verified
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