Multiple Choice
Use the following to answer questions
Scenario: Tom's Budget Constraint
Tom is trying to decide how to allocate his $50 budget for music downloads and online movie streaming when the price of a music download is $1 and the price of a movie is $5.
-(Scenario: Tom's Budget Constraint) Read the scenario Tom's Budget Constraint. The combination _____ music downloads and _____ movies lies ON Tom's budget line.
A) 50; 10
B) 50; no
C) no; 5
D) 100; 5
Correct Answer:

Verified
Correct Answer:
Verified
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