The value added at all stages of production sums to the market value of the final good, and the value added for all final goods sums to GDP based on the income approach

Carla is spending all her income on only two goods: apples and bananas. The price of an apple is $2 and the price of a banana is $1 . If Carla's marginal utility of an apple is 4 and her marginal utility of a banana is 3, she should consume:

a. more apples and fewer bananas to maximize total utility. b. more bananas and fewer apples to maximize total utility. c. more apples and more bananas to maximize total utility. d. fewer apples and fewer bananas to maximize total utility. e. her current amounts of apples and bananas to maximize total utility.

CPI refers to

a. the cost of producing a market basket of goods. b. the price of a market basket of goods. c. the Consumer Price Index. d. both the price of a market basket of goods and the Consumer Price Index.