The table shown describes the different combinations of goods that Jack can consume, given that he has $10 to spend on these two items.

If Jack decides to consume bundle D, we can conclude that he:
A)still has money left to spend.
B)is not maximizing his utility.
C)could consume more of both goods.
D)All of these are correct.

Question

The table shown describes the different combinations of goods that Jack can consume, given that he has $10 to spend on these two items.

If Jack decides to consume bundle D, we can conclude that he:
A)still has money left to spend. 
B)is not maximizing his utility. 
C)could consume more of both goods. 
D)All of these are correct.

Quizplus · Accepted Answer

The Answer of The table shown describes the different combinations of goods that Jack can consume, given that he has $10 to spend on these two items.

If Jack decides to consume bundle D, we can conclude that he:
A)still has money left to spend. 
B)is not maximizing his utility. 
C)could consume more of both goods. 
D)All of these are correct.

The Table Shown Describes the Different Combinations of Goods That