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[ 8 ] Mr . Solow has an income of $ 2 0 which he is spending on wine and cheese in such amounts that
Mr Solow has an income of $ which he is spending on wine and cheese in such amounts that he
derives utils of total satisfaction from the wine and utils of total satisfaction from the cheese. Suppose
the prices of wine and cheese are each $ On the basis of this information we:
A cannot say whether or not Solow is buying wine and cheese in amounts that maximize his total
utility.
B can say that Solow should buy more cheese and less wine.
C can say that Solow should buy more wine and less cheese.
D can say that Solow is buying the utilitymaximizing amounts of wine and cheese
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