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    Exam 21: The Theory of Consumer Choice
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    A Family on a Trip Budgets $800 for Meals and Gasoline
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A Family on a Trip Budgets $800 for Meals and Gasoline

Question 201

Question 201

Multiple Choice

A family on a trip budgets $800 for meals and gasoline. If the price of a meal for the family is $50, how many meals can the family buy if they do not buy any gasoline?


A) 8
B) 16
C) 24
D) 32

Correct Answer:

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