Multiple Choice
Graph 22-3
-Refer to Graph 22-3. If the budget constraint is $120 then from the panel (b) we can determine that the:
A) price of X is $30 and the price of Y is $7.50
B) price of Y is $30 and the price of X is $7.50
C) price of X is $4 and the price of Y is $16
D) price of Y is $4 and the price of X is $16
Correct Answer:

Verified
Correct Answer:
Verified
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