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Assume Josiah's Budget Constraint Is Represented in the Graph Shown

Question 36

Multiple Choice

  Assume Josiah's budget constraint is represented in the graph shown. If Josiah's income is $36, what are the prices of these two goods? A) Soda costs $3 per case and milk costs $4 a gallon. B) Soda costs $4 per case and milk costs $3 a gallon. C) Soda costs $12 per case and milk costs $9 a gallon. D) Soda costs $6 per case and milk costs $3 a gallon. Assume Josiah's budget constraint is represented in the graph shown. If Josiah's income is $36, what are the prices of these two goods?


A) Soda costs $3 per case and milk costs $4 a gallon.
B) Soda costs $4 per case and milk costs $3 a gallon.
C) Soda costs $12 per case and milk costs $9 a gallon.
D) Soda costs $6 per case and milk costs $3 a gallon.

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