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    Principles of Microeconomics Study Set 10
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    Exam 21: The Theory of Consumer Choice
  5. Question
    Figure 21-2 the Downward-Sloping Line on the Figure Represents a Consumer's
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Figure 21-2 the Downward-Sloping Line on the Figure Represents a Consumer's

Question 414

Question 414

Multiple Choice

Figure 21-2 The downward-sloping line on the figure represents a consumer's budget
constraint. Figure 21-2 The downward-sloping line on the figure represents a consumer's budget constraint.   -Refer to Figure 21-2. If the consumer's income is $100, then what is the price of an apple? A) $0.50 B) $0.75 C) $1.00 D) $1.25
-Refer to Figure 21-2. If the consumer's income is $100, then what is the price of an apple?


A) $0.50
B) $0.75
C) $1.00
D) $1.25

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