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Refer to the Budget Line Shown in the Diagram

Question 238

Multiple Choice

Refer to the budget line shown in the diagram. If the consumer's money income is $20, the Refer to the budget line shown in the diagram. If the consumer's money income is $20, the A) prices of C and D cannot be determined. B) price of C is $2 and the price of D is $4. C) consumer can obtain a combination of 5 units of both C and D. D) price of C is $4 and the price of D is $2.


A) prices of C and D cannot be determined.
B) price of C is $2 and the price of D is $4.
C) consumer can obtain a combination of 5 units of both C and D.
D) price of C is $4 and the price of D is $2.

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