-Refer to the above table. If the price of Good A is $2, the price of Good B is $1, and the consumer has $9, the rational consumer will purchase
A) 6 units of Good A and 0 units of Good B.
B) 6 units of Good A and 3 units of Good B.
C) 2 units of Good A and 5 units of Good B.
D) 5 units of Good A and 6 units of Good B.

Question

-Refer to the above table. If the price of Good A is $2, the price of Good B is $1, and the consumer has $9, the rational consumer will purchase
A) 6 units of Good A and 0 units of Good B. 
B) 6 units of Good A and 3 units of Good B. 
C) 2 units of Good A and 5 units of Good B. 
D) 5 units of Good A and 6 units of Good B.

Quizplus · Accepted Answer

The consumer maximizes utility by spending the entire budget. With $9, buying 2 units of Good A ($4) and 5 units of Good B ($5) uses the entire budget.

-Refer to the Above Table