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    Microeconomics Study Set 34
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    Exam 12: Consumer Choices and Constraints
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    Suppose That Dave Has $200 to Spend Per Week and He
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Suppose That Dave Has $200 to Spend Per Week and He

Question 1

Question 1

Multiple Choice

Suppose that Dave has $200 to spend per week and he buys only magazines and pizza. The price of a pizza is $10 and the price of a magazine is $5. What is Dave's real income in terms of magazines?


A) 40
B) 200
C) 10
D) 20

Correct Answer:

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