Use the Following to Answer Questions

question 113

Multiple Choice

Use the following to answer questions :
Figure: Harold's Indifference Curves
The figure shows three of Harold's indifference curves for bread and cheese.
-(Figure: Harold's Indifference Curves) Use Figure Harold's Indifference Curves.If the price of bread is $2 per loaf,the price of cheese is $2 per kilogram,and Harold has $10 to spend on bread and cheese,Harold's optimal consumption bundle is _____ loaves of bread and _____ kilograms of cheese.

• A) 6;4
• B) 4;3
• C) 3;2
• D) 2;8

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