Figure 21-1.The figure shows three indifference curves and a budget constraint for a certain consumer named Jack.
-Refer to Figure 21-1.If Jack's income is $12.60,then the price of a pound of apples is
A) $4.50.
B) $3.85.
C) $3.00.
D) $2.80.

Question

Figure 21-1.The figure shows three indifference curves and a budget constraint for a certain consumer named Jack. 
-Refer to Figure 21-1.If Jack's income is $12.60,then the price of a pound of apples is
A) $4.50. 
B) $3.85. 
C) $3.00. 
D) $2.80.

Quizplus · Accepted Answer

The Answer of Figure 21-1.The figure shows three indifference curves and a budget constraint for a certain consumer named Jack. 
-Refer to Figure 21-1.If Jack's income is $12.60,then the price of a pound of apples is
A) $4.50. 
B) $3.85. 
C) $3.00. 
D) $2.80.