Multiple Choice
Suppose a consumer buy books and DVDs.The price of a book is $10,the price of a DVD is $20 and the consumer's income is $400.If books are measured on the vertical axis and DVDs are measured on the horizontal axis,then the budget line intersects the vertical axis at:
A) 40.
B) 20.
C) 10.
D) 400.
Correct Answer:
Verified
Correct Answer:
Verified
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