Multiple Choice
Exhibit 5-7
-Exhibit 5-7 shows the willingness of Monet and Andrew to pay for latte. If the market price of one cup of latte is $2, which of the following is true?
A) Monet will consume 3 cups of latte, and Andrew will consume 4 cups.
B) Monet will consume 4 cups of latte, and Andrew will consume 3 cups.
C) Both Monet and Andrew will consume 3 cups of latte.
D) Both Monet and Andrew will consume 4 cups of latte.
E) Monet will consume no latte, and Andrew will consume 7 cups.
Correct Answer:

Verified
Correct Answer:
Verified
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