Assume That Katie Has the Preferences Shown in the Above

question 329

Multiple Choice

Assume that Katie has the preferences shown in the above table. Also assume that the price of a can of Pepsi is $3.00 and that the price of a slice of pizza is $2.00. If she has $16 available to spend, what combination of Pepsi and pizza will be her consumer optimum?

• A) 1 can of Pepsi, 4 slices of pizza
• B) 2 cans of Pepsi, 5 slices of pizza
• C) 4 cans of Pepsi, 2 slices of pizza
• D) 6 cans of Pepsi, 0 slices of pizza