Use the following to answer questions:
-(Table: Madeline's Preferences for T-Shirts and Coffee) Look at the table Madeline's Preferences for T-Shirts and Coffee. Assume each consumption bundle provides the same level of utility for Madeline. Suppose Madeline is consuming bundle C. If she changes her purchases to bundle D, this means that she:
A) gives up 2 T-shirts to obtain 1 more cup of coffee.
B) gives up 1 cup of coffee to obtain 2 more T-shirts.
C) will now have 11 cups of coffee and 40 T-shirts.
D) doesn't give up any T-shirts to obtain more coffee.

Question

Use the following to answer questions: 
-(Table: Madeline's Preferences for T-Shirts and Coffee) Look at the table Madeline's Preferences for T-Shirts and Coffee. Assume each consumption bundle provides the same level of utility for Madeline. Suppose Madeline is consuming bundle C. If she changes her purchases to bundle D, this means that she:
A) gives up 2 T-shirts to obtain 1 more cup of coffee. 
B) gives up 1 cup of coffee to obtain 2 more T-shirts. 
C) will now have 11 cups of coffee and 40 T-shirts. 
D) doesn't give up any T-shirts to obtain more coffee.

Quizplus · Accepted Answer

Madeline moves from bundle C to bundle D by giving up 2 T-shirts to obtain 1 more cup of coffee.

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