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Suppose a Teenager Has $20 and Likes Both Rap Music

Question 20

Multiple Choice

Suppose a teenager has $20 and likes both rap music (R) and country music (C) with a set of preferences so that U = C1/2R1/2.Suppose that the iTunes price of a rap music song is Suppose a teenager has $20 and likes both rap music (R) and country music (C) with a set of preferences so that U = C<sup>1/2</sup>R<sup>1/2</sup>.Suppose that the iTunes price of a rap music song is and the price of a country music song is .Which level of utility is affordable? A) B) 9 C) 16 D) 25 and the price of a country music song is Suppose a teenager has $20 and likes both rap music (R) and country music (C) with a set of preferences so that U = C<sup>1/2</sup>R<sup>1/2</sup>.Suppose that the iTunes price of a rap music song is and the price of a country music song is .Which level of utility is affordable? A) B) 9 C) 16 D) 25 .Which level of utility is affordable?


A) Suppose a teenager has $20 and likes both rap music (R) and country music (C) with a set of preferences so that U = C<sup>1/2</sup>R<sup>1/2</sup>.Suppose that the iTunes price of a rap music song is and the price of a country music song is .Which level of utility is affordable? A) B) 9 C) 16 D) 25
B) 9
C) 16
D) 25

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