Is bridget making the utility-maximization choice

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Reference no: EM13208552

Bridget has a limited income and consumes only wine and cheese; her current consumption choice is four bottles of wine and 10 pounds of cheese. The price of wine is $10 per bottle, and the price of cheese is $4 per pound. The last bottle of wine added 50 units to Bridget's utility; while the last pound of cheese added 40 units.

a. Is Bridget making the utility-maximization choice? Why or Why not?

b. If not, what should she do instead?

Reference no: EM13208552

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