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    Principles of Economics
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    Exam 21: The Theory of Consumer Choice
  5. Question
    Figure 21-9 -Refer to Figure 21-9.Assume That the Consumer Depicted the Figure
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Figure 21-9 -Refer to Figure 21-9.Assume That the Consumer Depicted the Figure

Question 50

Question 50

Multiple Choice

Figure 21-9
Figure 21-9    -Refer to Figure 21-9.Assume that the consumer depicted the figure has an income of $50.Which of the following price-quantity combinations would be on her demand curve for marshmallows if the price of chocolate chips is $2.50? A) $2.50, 6 B) $2.50, 10 C) $5.00, 3 D) $5.00, 5
-Refer to Figure 21-9.Assume that the consumer depicted the figure has an income of $50.Which of the following price-quantity combinations would be on her demand curve for marshmallows if the price of chocolate chips is $2.50?


A) $2.50, 6
B) $2.50, 10
C) $5.00, 3
D) $5.00, 5

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