Use the following to answer questions:
Figure: Consumer Equilibrium I
The figure shows three of Owen's indifference curves for pizza and soda per week. Owen has $180 per month to spend on the two goods. The price of a pizza is $20, and the price of a soda is $1.50.
-(Figure: Consumer Equilibrium I) Look at the figure Consumer Equilibrium I. What is Owen's optimal consumption bundle?
A) 4 pizzas and 150 sodas
B) 8 pizzas and 40 sodas
C) 6 pizzas and 40 sodas
D) 14 pizzas and 20 sodas

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Use the following to answer questions:
Figure: Consumer Equilibrium I
The figure shows three of Owen's indifference curves for pizza and soda per week. Owen has $180 per month to spend on the two goods. The price of a pizza is $20, and the price of a soda is $1.50. 
-(Figure: Consumer Equilibrium I) Look at the figure Consumer Equilibrium I. What is Owen's optimal consumption bundle?
A) 4 pizzas and 150 sodas 
B) 8 pizzas and 40 sodas 
C) 6 pizzas and 40 sodas 
D) 14 pizzas and 20 sodas

Quizplus · Accepted Answer

The Answer of Use the following to answer questions:
Figure: Consumer Equilibrium I
The figure shows three of Owen's indifference curves for pizza and soda per week. Owen has $180 per month to spend on the two goods. The price of a pizza is $20, and the price of a soda is $1.50. 
-(Figure: Consumer Equilibrium I) Look at the figure Consumer Equilibrium I. What is Owen's optimal consumption bundle?
A) 4 pizzas and 150 sodas 
B) 8 pizzas and 40 sodas 
C) 6 pizzas and 40 sodas 
D) 14 pizzas and 20 sodas

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