This table shows the different combinations of goods that Jack can consume,given that his income to spend on these two items is $10. Considering the information in the table shown,if Jack decides to consume bundle D,we can conclude that Jack:
A) still has money left to spend.
B) is not maximizing his utility.
C) could consume more of both goods.
D) All of these are true.

Question

This table shows the different combinations of goods that Jack can consume,given that his income to spend on these two items is $10.  Considering the information in the table shown,if Jack decides to consume bundle D,we can conclude that Jack:
A) still has money left to spend. 
B) is not maximizing his utility. 
C) could consume more of both goods. 
D) All of these are true.

Quizplus · Accepted Answer

The Answer of This table shows the different combinations of goods that Jack can consume,given that his income to spend on these two items is $10.  Considering the information in the table shown,if Jack decides to consume bundle D,we can conclude that Jack:
A) still has money left to spend. 
B) is not maximizing his utility. 
C) could consume more of both goods. 
D) All of these are true.

This Table Shows the Different Combinations of Goods That Jack