The Following Table Shows Erica's Utility for Muffins and Grapefruit

question 93

Multiple Choice

The following table shows Erica's utility for muffins and grapefruit.

-Refer to the above information to answer this question.If Erica has a budget of $8 and the price of both muffins and grapefruit are $1,what will be her optimal purchase?

• A)1 muffin and 7 grapefruit.
• B)2 muffin and 6 grapefruit.
• C)3 muffins and 5 grapefruit.
• D)4 muffins and 4 grapefruit.
• E)5 muffins and 3 grapefruit.

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