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    Microeconomics Study Set 8
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    Exam 6: Consumer Choice and Behavioural Economics
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    Figure 6.7 -Refer to Figure 6.7.If the Consumer Has $240 to Spend
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Figure 6.7 -Refer to Figure 6.7.If the Consumer Has $240 to Spend

Question 66

Question 66

Multiple Choice

Figure 6.7 Figure 6.7   -Refer to Figure 6.7.If the consumer has $240 to spend on DVDs and CDs, what is the price of a DVD if the budget constraint is BC<sub>1</sub>? A) $10 B) $20 C) $24 D) $40
-Refer to Figure 6.7.If the consumer has $240 to spend on DVDs and CDs, what is the price of a DVD if the budget constraint is BC1?


A) $10
B) $20
C) $24
D) $40

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