Multiple Choice
-Refer to the table above.If the price of one frozen dinner is $2 and the price of one dozen jelly donuts is $1,which of the following would Kathy,a utility-maximizing consumer,buy if she has $6 to spend?
A) Three frozen dinners.
B) Two frozen dinners and two dozen jelly donuts.
C) One frozen dinner and four dozen jelly donuts.
D) Six dozen jelly donuts.
E) Four frozen dinners.
Correct Answer:
Verified
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