Final answer:
The question pertains to an economic analysis of a budget constraint and preferences for two goods, apples and bananas. The answer involves plotting a budget constraint, identifying an optimal mix of the goods where the indifference curve is tangent, and understanding consumer choices within their budget.
Step-by-step explanation:
The subject of this question is related to an economic concept involving the budget constraint and consumer preferences in a simple market scenario with two goods. When faced with a budget constraint, individuals must choose how to allocate their limited resources between different goods. In this scenario, the two goods under consideration are apples (a) and bananas (b). Supposing there is an individual with preferences for these goods, which we will call Person A, we begin by plotting the budget constraint showing the affordable combinations of apples and bananas. From there, we identify an optimal choice, point A, which represents the preference where the indifference curve will be tangent to the budget constraint. This point is where the individual gains the most satisfaction from their spending while staying within budget constraints.
Although the original example in the question references 'candy' and 'movies', the approach used to solve the problem remains the same for any combination of two goods, including the 'apples' and 'bananas' in the student's problem. This approach is fundamental in understanding consumer behavior within the framework of microeconomics.