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If the Price of Alpo Increases from $0

Question 64

Multiple Choice

If the price of Alpo increases from $0.50 to $1, Mr. Tightwad, a utility-maximizing consumer, would spend his $4 on which of the following? If the price of Alpo increases from $0.50 to $1, Mr. Tightwad, a utility-maximizing consumer, would spend his $4 on which of the following? A) 4 McBurgers B) 3 McBurgers and 1 can of Alpo C) 2 McBurgers and 2 cans of Alpo D) 1 McBurger and 3 cans of Alpo


A) 4 McBurgers
B) 3 McBurgers and 1 can of Alpo
C) 2 McBurgers and 2 cans of Alpo
D) 1 McBurger and 3 cans of Alpo

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