Multiple Choice
Figure 21-1.The figure shows three indifference curves and a budget constraint for a certain consumer named Jack.
-Refer to Figure 21-1.At his optimum,Jack is willing to give up about
A) 0.75 pounds of pears for 1 pound of apples.
B) 0.75 pounds of apples for 1 pound of pears.
C) 1.20 pounds of pears for 1 pound of apples.
D) 1.20 pounds of apples for 1 pound of pears.
Correct Answer:

Verified
Correct Answer:
Verified
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