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12 January, 09:10

Jennifer is trying to decide what combination of music albums and DVDs to buy. She has $45 to spend. DVDs cost $15. Albums cost $7.50. What consumption bundle does Jennifer most prefer?

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  1. 12 January, 12:27
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    The best consumption bundle is (b)

    Explanation:

    The best consumption bundle is always the one which satisfies the most. In the above scenario, Jennifer wants to buy both DVDs and albums. The cost of DVD and album is $15 and $ 7.5 respectively. The best combination is to buy 2 DVDs they will cost her 30$, and with the remaining 15$ she can buy two albums. So, the best combination is 2, 2.
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Home » Business » Jennifer is trying to decide what combination of music albums and DVDs to buy. She has $45 to spend. DVDs cost $15. Albums cost $7.50. What consumption bundle does Jennifer most prefer?
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