Supply and Demand Graph (Module 5) Question 6 of 10 (worth 1 point) apple 50 30

Question

Supply and Demand Graph (Module 5)

Question 6 of 10 (worth 1 point) apple 50 30 U3 U2 10 U1 budget pizza 4 10 FYI - All the point are supposed to lie on the indifference curves for these questions even if they appear a touch off. Based on the budget constraint and 3 indifference curves shown here we know that: A. 10 apples and 10 pizzas is feasible but not utility-maximizing B. 10 apples and 10 pizzas is feasible and utility-maximizing C. 10 apples and 10 pizzas is not feasible but provides more utility than the best feasible bundle D. 10 apples and 10 pizzas is not feasible and provides less utility than the best feasible bundle O O

Explanation / Answer

Answer to Q6: C

Answer to Q7: E

Answer to Q8: C

Answer to Q9: A

Answer to Q10: D

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