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    Principles of Economics Study Set 5
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    Exam 21: The Theory of Consumer Choice
  5. Question
    Figure 21-1
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Figure 21-1

Question 254

Question 254

Multiple Choice

Figure 21-1.The figure shows three indifference curves and a budget constraint for a certain consumer named Jack. Figure 21-1.The figure shows three indifference curves and a budget constraint for a certain consumer named Jack.   -Refer to Figure 21-1.If the price of a pound of pears is $3,then Jack's income is A)  $12.00. B)  $13.50. C)  $16.20. D)  $18.80.
-Refer to Figure 21-1.If the price of a pound of pears is $3,then Jack's income is


A) $12.00.
B) $13.50.
C) $16.20.
D) $18.80.

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