-The Table Above Gives the Utility from Pens and Pencils

question 192

Multiple Choice

-The table above gives the utility from pens and pencils. If the consumer has an income of $4, pens cost $1, and pencils cost $.20, which of the following combinations maximizes the consumer's utility?

• A) 4 pens and 0 pencils
• B) 3 pens and 5 pencils
• C) 3 pens and 6 pencils
• D) no combination shown

---

Definitions:

Free Return Policy

A policy allowing customers to return purchased items at no additional cost, enhancing consumer trust and potentially increasing sales.

Shopping

The act of seeking and purchasing goods or services from stores or online platforms.

Zappos

An online retailer known for its extensive selection of shoes and clothing as well as exceptional customer service, including free returns and a strong commitment to customer satisfaction.

Brand Name

A unique designation given to goods or services provided by a specific manufacturer or provider, used to distinguish them from competitors.