Suppose Andy's indifference curve for a given utility level contains the following bundles of consumption goods (C) and leisure (L) per week.
• Bundle A: $300 worth of C, 40 hours of L
• Bundle B: $300 worth of C, 45 hours of L
What can you conclude from this information?
O a. Andy's indifference curve for the given utility level is downward sloping.
O b. Andy does not receive utility from the five additional hours of leisure after 40 hours, violating the general assumption that we prefer more leisure to less.
O c. all of these are correct.
O d. Andy will maximize his utility if he consumes bundle B.