Would you please review this question and let me know if answer (A) is correct.
If an individual's utility function is given by U(xy) = x0.4y0.6 and I = 200, px = 2,py = 3, his or her preferred consumption bundle will be:
a. (60, 80 over 3)
b. (70, 20)
c. (40, 40)
d. (10, 60)