-Suppose that you consume only pizza,which costs $4 per slice,and Diet Pepsi,which costs $2 each.The table above gives your utility from consuming these two goods.If your income is $14,which of the following consumption combinations will you choose?
A) 3 slices of pizza and 1 Diet Pepsi
B) 2 slices of pizza and 3 Diet Pepsis
C) 1 slice of pizza and 5 Diet Pepsis
D) 0 slices of pizza and 7 Diet Pepsis
E) None of the above answers are correct.

Question

-Suppose that you consume only pizza,which costs $4 per slice,and Diet Pepsi,which costs $2 each.The table above gives your utility from consuming these two goods.If your income is $14,which of the following consumption combinations will you choose?
A) 3 slices of pizza and 1 Diet Pepsi 
B) 2 slices of pizza and 3 Diet Pepsis 
C) 1 slice of pizza and 5 Diet Pepsis 
D) 0 slices of pizza and 7 Diet Pepsis 
E) None of the above answers are correct.

Quizplus · Accepted Answer

The combination of 2 slices of pizza ($8) and 3 Diet Pepsis ($6) costs exactly $14, which matches your income.

-Suppose That You Consume Only Pizza,which Costs $4 Per Slice,and