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Figure 21-1

Question 434

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.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.
-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.

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