The budget set, or budget constraint, in the graph shows the possible combinations of brownies and ice cream cones that can be purchased. Assume that this person has a total of $18 to spend on brownies and ice cream cones. How much does a brownie cost? $ Assume that at point A, the marginal utility from a brownie is 10 and the marginal utility for an ice cream cone is 18. This person is utility maximizing. should consume more brownies and fewer ice cream cones. should consume more ice cream cones and fewer brownies. Brownies 18. 16- 14- 12- 10- 8- 6- 4 2. 0 1 2 3 1 1 + 4 A 5 Budget constraint 7 8 9 Ice cream cones 6 10 11 12 13 14

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