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    Principles of Economics
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    Exam 22: The Theory of Consumer Choice
  5. Question
    Graph 22-3 -Refer to Graph 22-3.If the Budget Constraint Is $160 Then
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Graph 22-3 -Refer to Graph 22-3.If the Budget Constraint Is $160 Then

Question 57

Question 57

Multiple Choice

Graph 22-3 Graph 22-3   -Refer to Graph 22-3.If the budget constraint is $160 then from the panel (b)  we can determine that the: A) price of X is $40 and the price of Y is $10 B) price of Y is $40 and the price of X is $10 C) price of X is $4 and the price of Y is $16 D) price of Y is $4 and the price of X is $16
-Refer to Graph 22-3.If the budget constraint is $160 then from the panel (b) we can determine that the:


A) price of X is $40 and the price of Y is $10
B) price of Y is $40 and the price of X is $10
C) price of X is $4 and the price of Y is $16
D) price of Y is $4 and the price of X is $16

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