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Use the Following to Answer Questions 38-40

Question 61

Multiple Choice

Use the following to answer questions 38-40:
Figure 4.14 Use the following to answer questions 38-40: Figure 4.14   -(Figure 4.14)  For budget constraint 1, the price of good X and the price of good Y could equal _____, respectively. A)  $175 and $100 B)  $80 and $140 C)  $140 and $160 D)  $6 and $4
-(Figure 4.14) For budget constraint 1, the price of good X and the price of good Y could equal _____, respectively.


A) $175 and $100
B) $80 and $140
C) $140 and $160
D) $6 and $4

Correct Answer:

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