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If a Consumer Has $30 to Spend on Apples and Bananas

Question 69

Multiple Choice

If a consumer has $30 to spend on apples and bananas, where on the apple axis would the consumer's budget line intersect if the price of apples is $3 a kilogram?


A) 10 kilograms
B) 30 kilograms
C) 3 kilograms
D) Zero kilograms
E) It is impossible to determine with the given information.

Correct Answer:

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