Multiple Choice
-Rick's income is $54 a week and he spends all of it on CDs and sandwiches. The price of a CD is $18 and the price of a sandwich is $3. The figure above illustrates Rick's preferences. If the price of a CD falls to $6, Rick's consumption of CDs will increase by
A) 1 CD per week.
B) 2 CDs per week.
C) 3 CDs per week.
D) 4 CDs per week.
Correct Answer:

Verified
Correct Answer:
Verified
Q4: Simon spends $150 per month on DVD
Q5: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2895/.jpg" alt=" -In the table
Q6: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2895/.jpg" alt=" -In the table
Q7: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2895/.jpg" alt=" -Rick's income is
Q8: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2895/.jpg" alt=" -Rick's income is
Q9: Basil spends all his income on apples
Q10: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2895/.jpg" alt=" -Rick's income is
Q12: CDs Computer games <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2895/.jpg" alt="CDs Computer
Q13: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2895/.jpg" alt=" -Rick's preferences are
Q14: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2895/.jpg" alt=" -Rick's income is