Figure 21-19 The Following Graph Illustrates a Representative Consumer's Preferences for Marshmallows

question 109

Multiple Choice

Figure 21-19
The following graph illustrates a representative consumer's preferences for marshmallows and chocolate chip cookies:

-Refer to Figure 21-19.Assume that the consumer has an income of $40,the price of a bag of marshmallows is $2,and the price of a bag of chocolate chips is $2.The optimizing consumer will choose to purchase which bundle of marshmallows and chocolate chips?

• A) A
• B) B
• C) C
• D) D