Refer to Figure 5.4.Which consumption bundle would maximize the consumer's utility?
A) A
B) B
C) C
D) D

Name: Refer to Figure 5.4.Which consumption bundle would maximize the consumer's utility? A) A B) B C) C D) D
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Question

Refer to Figure 5.4.Which consumption bundle would maximize the consumer's utility? 
A) A 
B) B 
C) C 
D) D

Quizplus · Accepted Answer

Bundle C is at the highest indifference curve, indicating the highest level of utility for the consumer. It is also on the budget constraint, meaning it is affordable given the consumer's income and prices of the goods. Therefore, bundle C would maximize the consumer's utility.