Use the following to answer question:
-(Figure: Consumer Equilibrium II)Use Figure Consumer Equilibrium II.Ashyra would maximize her utility at point _____ with the consumption of _____ olive oil and _____ dish soap.
A)J;S;P
B)I;S;P
C)J;N;F
D)I;N;M

Question

Use the following to answer question: 
-(Figure: Consumer Equilibrium II)Use Figure Consumer Equilibrium II.Ashyra would maximize her utility at point _____ with the consumption of _____ olive oil and _____ dish soap.
A)J;S;P 
B)I;S;P 
C)J;N;F 
D)I;N;M

Quizplus · Accepted Answer

Ashyra maximizes her utility at point I with the consumption of N olive oil and M dish soap, as this point represents the tangency between her budget constraint and the highest attainable indifference curve.

Use the Following to Answer Question