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Suppose a Teenager Has $20 and Likes Both Rap Music

Question 12

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 .What is the greatest level of affordable utility? A) 7 B) C) 8 D) 9 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 .What is the greatest level of affordable utility? A) 7 B) C) 8 D) 9 .What is the greatest level of affordable utility?


A) 7
B) 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 .What is the greatest level of affordable utility? A) 7 B) C) 8 D) 9
C) 8
D) 9

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