Multiple Choice
The price of gin has risen from $7 to $9 per bottle,the price of cocktail onions has fallen from $6 to $5 per jar,and Elizabeth's income has stayed fixed at $46 per week.Since the price changes,Elizabeth has been buying 4 bottles of gin and 2 jars of cocktail onions per week.At the original prices,4 bottles of gin and 2 jars of cocktail onions would have
A) exactly exhausted her income.
B) cost more than her income.
C) cost less than her income.
D) could have maximized her satisfaction given her budget constraint.
Correct Answer:

Verified
Correct Answer:
Verified
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