Refer to the information provided in Figure 6.15 below to answer the question that follows. Figure 6.15Refer to Figure 6.15. Why is Jason not maximizing his utility at point C?

A. He is not spending his entire budget.
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.


Answer: B

Economics

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