Question
Maria consumes strawberries which cost her 10 pesos a box and bananas which cost her 9 pesos a bunch. With her income of 192 pesos
Maria consumes strawberries which cost her 10 pesos a box and bananas which cost her 9 pesos a bunch. With her income of 192 pesos she buys 12 boxes of strawberries and 8 bananas. Daphne, with an income of 170 shillings, consumes strawberries at a cost of 6 shillings each and bananas at a cost of 12 shillings each. Assuming their preferences are identical and they will spend all the available income,
a) Maria would prefer Daphne's consumption bundle to her own.
b) Daphne would prefer Maria's consumption bundle to her own.
c) they would both be indifferent between their own bundles and the other's
d) each prefers her own bundle to the other's.
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