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    Microeconomics
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    Exam 1: Limits, Alternatives, and Choices
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    Suppose a Consumer Has an Income of $16,the Price of a Is
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Suppose a Consumer Has an Income of $16,the Price of a Is

Question 102

Question 102

Multiple Choice

Suppose a consumer has an income of $16,the price of A is $2,and the price of B is $1.Which combination is on the consumer's budget line?


A) 4A and 9B
B) 5A and 6B
C) 6A and 6B
D) 8A and 8B
The consumer can buy 5A for $10 and 6B for $6,which exhausts the budget constraint of $16.

Correct Answer:

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