Pierre's Friend Jean Lives in a Town Where He Has

Multiple Choice

Pierre's friend Jean lives in a town where he has to pay 3 francs per glass of wine and 2 francs per loaf of bread.Jean consumes 7 glasses of wine and 4 loaves of bread per day.Recall that Bob has an income of $15 per day and pays $.50 per loaf of bread and $2 per glass of wine.If Bob has the same tastes as Jean and if the only thing that either of them cares about is the consumption of bread and wine,

A) there is not enough information to determine whether one is better off than the other.
B) Jean is better off than Bob.
C) Bob is better off than Jean.
D) both of them violate the weak axiom of revealed preferences.
E) Bob and Jean are equally well off.