Question: please explain. thank you. the figure below Olga's indifference map for milk and honey, accompanied by her budget constraint, is shown in Honey 30 C
please explain. thank you.

the figure below Olga's indifference map for milk and honey, accompanied by her budget constraint, is shown in Honey 30 C 152 Milk A. Carefully explain - in terms of the level of utility (@ Somarks) - whether Olga will choose point c as her utility maximizing point. To further substantiate your answer, thoroughly explain the character of relationships between MRS milk for honey and Pmilk/Phoney at point c (marks) B. Also explain, in terms of the level of utility (Somarko whether, instead, Olga will choose point d as her utility maximizing point? Again, for point d, thoroughly explain the character of relationships between MRS milk for honey and Pmilk/Phoney (@marks)
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