Refer to the graph shown. Assuming a consumer has $5 to spend, if a soda costs $0.50 and a chocolate bar costs $0.50, the consumer will optimally choose to consume:
A) at point A.
B) at point B.
C) 10 cans of soda and 0 chocolate bars.
D) 0 cans of soda and 10 chocolate bars.

Question

Refer to the graph shown.  Assuming a consumer has $5 to spend, if a soda costs $0.50 and a chocolate bar costs $0.50, the consumer will optimally choose to consume:
A) at point A. 
B) at point B. 
C) 10 cans of soda and 0 chocolate bars. 
D) 0 cans of soda and 10 chocolate bars.

Quizplus · Accepted Answer

The Answer of Refer to the graph shown.  Assuming a consumer has $5 to spend, if a soda costs $0.50 and a chocolate bar costs $0.50, the consumer will optimally choose to consume:
A) at point A. 
B) at point B. 
C) 10 cans of soda and 0 chocolate bars. 
D) 0 cans of soda and 10 chocolate bars.

Refer to the Graph Shown