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-Max Has Allocated $100 Toward Meats for His Barbecue

Question 37

Multiple Choice

-Max has allocated $100 toward meats for his barbecue.His budget line and an indifference map are shown in the above figure.What is the price of chicken? A) $0.80/lb B) $1.25/lb C) $4/lb D) $5/lb
-Max has allocated $100 toward meats for his barbecue.His budget line and an indifference map are shown in the above figure.What is the price of chicken?


A) $0.80/lb
B) $1.25/lb
C) $4/lb
D) $5/lb

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