Refer to the information provided in Figure 6.1 below to answer the question(s) that follow. Figure 6.1
-Refer to Figure 6.1. Assume Tom's budget constraint is AC. If the price of a hot dog is $3, the price of a hamburger is
A) $1.50.
B) $3.
C) $6.
D) $12.

Question

Refer to the information provided in Figure 6.1 below to answer the question(s) that follow.  Figure 6.1
-Refer to Figure 6.1. Assume Tom's budget constraint is AC. If the price of a hot dog is $3, the price of a hamburger is
A) $1.50. 
B) $3. 
C) $6. 
D) $12.

Quizplus · Accepted Answer

If Tom's budget constraint is AC and the price of a hot dog is $3, the price of a hamburger must be $6 to maintain the budget constraint.

Refer to the Information Provided in Figure 6