Refer to the budget line shown in the diagram. If the consumer's money income is $20, the
A)prices of C and D cannot be determined.
B)price of C is $2 and the price of D is $4.
C)consumer can obtain a combination of 5 units of both C and D.
D)price of C is $4 and the price of D is $2.

Question

Refer to the budget line shown in the diagram. If the consumer's money income is $20, the
A)prices of C and D cannot be determined. 
B)price of C is $2 and the price of D is $4. 
C)consumer can obtain a combination of 5 units of both C and D. 
D)price of C is $4 and the price of D is $2.

Quizplus · Accepted Answer

The Answer of  Refer to the budget line shown in the diagram. If the consumer's money income is $20, the
A)prices of C and D cannot be determined. 
B)price of C is $2 and the price of D is $4. 
C)consumer can obtain a combination of 5 units of both C and D. 
D)price of C is $4 and the price of D is $2.

Refer to the Budget Line Shown in the Diagram