Suppose food is on the horizontal axis and all other goods on the vertical axis.Your budget allowance is $200,the market price of food is $5,and the market price of all other goods is $20.You are expending your total budget and the marginal rate of substitution at your present consumption bundle is 0.1 so to maximize utility you should consume:
A)more food and less of all other goods.
B)less food and more of all other goods.
C)less of both food and all other goods.
D)more of both food and all other goods.

Question

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The Answer of Suppose food is on the horizontal axis and all other goods on the vertical axis.Your budget allowance is $200,the market price of food is $5,and the market price of all other goods is $20.You are expending your total budget and the marginal rate of substitution at your present consumption bundle is 0.1 so to maximize utility you should consume:
A)more food and less of all other goods.
B)less food and more of all other goods.
C)less of both food and all other goods.
D)more of both food and all other goods.

Suppose Food Is on the Horizontal Axis and All Other