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

Question 18

Multiple Choice

  Assume Jordan's budget constraint is represented in the graph shown. If Jordan's income is $18, what are the prices of these two goods? A) A protein bar costs $3 and a bagel costs $2. B) A protein bar costs $4 and a bagel costs $3. C) A protein bar costs $12 and a bagel costs $9. D) A protein bar costs $6 and a bagel costs $3. Assume Jordan's budget constraint is represented in the graph shown. If Jordan's income is $18, what are the prices of these two goods?


A) A protein bar costs $3 and a bagel costs $2.
B) A protein bar costs $4 and a bagel costs $3.
C) A protein bar costs $12 and a bagel costs $9.
D) A protein bar costs $6 and a bagel costs $3.

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