Solved

Figure 21-1

Question 185

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.About what percentage of his income is Jack spending on apples when he is at his optimum? A)  33.3 percent B)  38.2 percent C)  44.4 percent D)  56.7 percent
-Refer to Figure 21-1.About what percentage of his income is Jack spending on apples when he is at his optimum?


A) 33.3 percent
B) 38.2 percent
C) 44.4 percent
D) 56.7 percent

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions