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Terry Buys 10 Pounds of Cheese and 12 Boxes of Crackers

Question 6

Multiple Choice

Terry buys 10 pounds of cheese and 12 boxes of crackers each month.A pound of cheese costs $5 and a box of crackers costs $3.If she is maximizing her utility,what is her monthly income?


A) $86
B) $90
C) $80
D) There is not enough information to determine her monthly income.

Correct Answer:

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