Mary's indifference map and budget constraint for goods X and Y are shown below.If Mary spends all her money on X and Y,which bundle will she choose to maximize her utility?
A) A.
B) B.
C) C.
D) D.
E) E.

Question

Mary's indifference map and budget constraint for goods X and Y are shown below.If Mary spends all her money on X and Y,which bundle will she choose to maximize her utility? 
A) A. 
B) B. 
C) C. 
D) D. 
E) E.

Quizplus · Accepted Answer

The Answer of Mary's indifference map and budget constraint for goods X and Y are shown below.If Mary spends all her money on X and Y,which bundle will she choose to maximize her utility? 
A) A. 
B) B. 
C) C. 
D) D. 
E) E.

Mary's Indifference Map and Budget Constraint for Goods X and Y