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Suppose a Consumer Is Currently Spending All of Her Available

Question 131

Multiple Choice

Suppose a consumer is currently spending all of her available income on two goods: music CDs and DVDs. If the price of a CD is $9, the price of a DVD is $18, and she is currently consuming 10 CDs and 5 DVDs, what is the consumer's income?


A) $90
B) $180
C) $270
D) $360

Correct Answer:

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