Figure 21-11
-Refer to Figure 21-11. Assume that the consumer depicted in the figure has an income of $10. The price of Twizzlers is $1 and the price of M&M's is $2. The consumer's optimal choice is point
A)A.
B)B.
C)C.
D)D.

Question

Figure 21-11 
-Refer to Figure 21-11. Assume that the consumer depicted in the figure has an income of $10. The price of Twizzlers is $1 and the price of M&M's is $2. The consumer's optimal choice is point
A)A. 
B)B. 
C)C. 
D)D.

Quizplus · Accepted Answer

The consumer's optimal choice is point A because it is the point on the budget line that is tangent to the highest indifference curve.

Figure 21-11 -Refer to Figure 21-11. Assume That the Consumer Depicted in Consumer