Solved

If the Graph Shown Represents Tina's Budget Constraint,which of the Following

Question 130

Multiple Choice

If the graph shown represents Tina's budget constraint,which of the following consumption bundles can Tina not afford? A) Three pairs of earrings and four hairbands B) Two pairs of earrings and four hairbands C) No earrings and six hairbands D) Cannot answer this question without knowing Tina's income and the prices of the two goods If the graph shown represents Tina's budget constraint,which of the following consumption bundles can Tina not afford?


A) Three pairs of earrings and four hairbands
B) Two pairs of earrings and four hairbands
C) No earrings and six hairbands
D) Cannot answer this question without knowing Tina's income and the prices of the two goods

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q120: In general,an increase in the price of

Q121: When the price of one good changes,while

Q122: A budget constraint:<br>A) shows different bundles of

Q123: Reciprocity means:<br>A) responding to another's actions with

Q124: Which of the following statements is true

Q125: Kimberly decides to go back to college

Q126: After browsing several pairs of shoes,Bob buys

Q127: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1248/.jpg" alt=" Assume Roger's income

Q128: This graph shows three different budget constraints:

Q129: A bundle:<br>A) is a specific combination of