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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 155

Question 155

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 Jack's income is $12.60,then the price of a pound of apples is A)  $4.50. B)  $3.85. C)  $3.00. D)  $2.80.
-Refer to Figure 21-1.If Jack's income is $12.60,then the price of a pound of apples is


A) $4.50.
B) $3.85.
C) $3.00.
D) $2.80.

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