-The figure above gives your budget line for magazines and CDs per month. Given that your income equals $60 per month, what is the price of a magazine and the price of a CD?
A) The price of a magazine is $4 per magazine and the price of a CD is $12 per CD.
B) The price of a magazine is $12 per magazine and the price of a CD is $6 per CD.
C) The price of a magazine is $5 per magazine and the price of a CD is $10 per CD.
D) It is impossible to tell from the information given.

Question

-The figure above gives your budget line for magazines and CDs per month. Given that your income equals $60 per month, what is the price of a magazine and the price of a CD?
A) The price of a magazine is $4 per magazine and the price of a CD is $12 per CD. 
B) The price of a magazine is $12 per magazine and the price of a CD is $6 per CD. 
C) The price of a magazine is $5 per magazine and the price of a CD is $10 per CD. 
D) It is impossible to tell from the information given.

Quizplus · Accepted Answer

The Answer of 
-The figure above gives your budget line for magazines and CDs per month. Given that your income equals $60 per month, what is the price of a magazine and the price of a CD?
A) The price of a magazine is $4 per magazine and the price of a CD is $12 per CD. 
B) The price of a magazine is $12 per magazine and the price of a CD is $6 per CD. 
C) The price of a magazine is $5 per magazine and the price of a CD is $10 per CD. 
D) It is impossible to tell from the information given.

-The Figure Above Gives Your Budget Line for Magazines and CDs