(Figure: Chocolate Bars and Cans of Soda) Assuming a can of soda costs $0.50 and a chocolate bar costs $1.00, if a consumer has $10.00 to spend, the utility-maximizing choice would be
A) A.
B) B.
C) ten chocolate bars and no soda.
D) twenty cans of soda and no chocolate bars.
Correct Answer:
Verified
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