Refer to the information provided in Figure 6.16 below to answer the question that follows. Figure 6.16
-Refer to Figure 6.16. The highest indifference curve depicted is the one on which point D lies. Why is Jason NOT maximizing his utility at point D?
A) He cannot afford point D.
B) His marginal utility per dollar spent on the last sandwich is greater than his marginal utility per dollar spent on his last hot dog.
C) His marginal utility per dollar spent on the last sandwich is less than his marginal utility per dollar spent on his last hot dog.
D) He is maximizing his utility at point C.

Question

Refer to the information provided in Figure 6.16 below to answer the question that follows.  Figure 6.16
-Refer to Figure 6.16. The highest indifference curve depicted is the one on which point D lies. Why is Jason NOT maximizing his utility at point D?
A) He cannot afford point D. 
B) His marginal utility per dollar spent on the last sandwich is greater than his marginal utility per dollar spent on his last hot dog. 
C) His marginal utility per dollar spent on the last sandwich is less than his marginal utility per dollar spent on his last hot dog. 
D) He is maximizing his utility at point C.

Quizplus · Accepted Answer

Jason is not maximizing his utility at point D because he cannot afford it, indicating it lies beyond his budget constraint.

Refer to the Information Provided in Figure 6