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    Exam 3: The Theory of Consumer Choice
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    You Buy Only Apples and Bananas
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You Buy Only Apples and Bananas

Question 51

Question 51

Essay

You buy only apples and bananas.Your budget is such that you can purchase 3 apples and 4 bananas or 9 apples and 2 bananas.Write down the equation for the budget line with bananas on the Y-axis.Is that equation unique?

Correct Answer:

verifed

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blured image_TB1826_11 or equivalently, blured image_TB1826_11
...

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