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    Exam 7: The Analysis of Consumer Choice
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    Suppose That the Price of Cracker Jacks Is 50 Cents
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Suppose That the Price of Cracker Jacks Is 50 Cents

Question 232

Question 232

Multiple Choice

Suppose that the price of Cracker Jacks is 50 cents a box and the price of M&Ms is 25 cents a bag.If you have $10 to spend on both goods, the maximum quantity of M&Ms that you can purchase is ________ bags.


A) 5
B) 10
C) 20
D) 40

Correct Answer:

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