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-Refer to the Above Table

Question 58

Multiple Choice

  -Refer to the above table. Assume the consumer spends his entire income. If the consumer's optimum at the current price of a movie is at 4 hotdogs and 4 movies, and the price of a hotdog is $1, what is the consumer's income? A)  $28 B)  $20 C)  $16 D)  $40
-Refer to the above table. Assume the consumer spends his entire income. If the consumer's optimum at the current price of a movie is at 4 hotdogs and 4 movies, and the price of a hotdog is $1, what is the consumer's income?


A) $28
B) $20
C) $16
D) $40

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