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Bob and Amy Have the Same Utility Functions and Purchase $100\$ 100

Question 2

Multiple Choice

Bob and Amy have the same utility functions and purchase the same two goods at the same prices. Bob works two jobs. He makes $100\$ 100 a week at his first job and $500\$ 500 at his second job. Amy works one job and makes $600\$ 600 a week. What does the rational model predict about their optimal consumption choices?


A) Amy consumes more than Bob.
B) Bob consumes more than Amy.
C) Bob and Amy consume the same total amount of goods, but different compositions of the two goods.
D) Bob and Amy's optimal consumption bundles are the same.

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