Which consumption bundle is true, economics homework help
FYI – All the point are supposed to lie on the indifference curves for these questions even if they appear a touch off.
Need assignment help for this question?
If you need assistance with writing your essay, we are ready to help you!
OUR PROCESS
Order
Payment
Writing
Delivery
Why Choose Us: Cost-efficiency, Plagiarism free, Money Back Guarantee, On-time Delivery, Total Сonfidentiality, 24/7 Support, 100% originality
Based on the budget constraint and 3 indifference curves shown here we know that:
A. | 10 apples and 10 pizzas is not feasible but provides more utility than the best feasible bundle | |
B. | 10 apples and 10 pizzas is not feasible and provides less utility than the best feasible bundle | |
C. | 10 apples and 10 pizzas is feasible but not utility-maximizing | |
D. | 10 apples and 10 pizzas is feasible and utility-maximizing |
Please explain answer in detail if possible!