Refer to the Information Provided in Figure 6

question 207

Multiple Choice

Refer to the information provided in Figure 6.15 below to answer the question that follows. Figure 6.15
-Refer to Figure 6.15. Why is Jason not maximizing his utility at point C?

• A) He is not spending his entire budget.
• B) His marginal utility per dollar spent on the last sandwich is greater than his marginal utility per dollar spent on his last hot dog.
• C) His marginal utility per dollar spent on the last sandwich is less than his marginal utility per dollar spent on his last hot dog.
• D) He is maximizing his utility at point C.