Linda has $10 a month to spend on ice cream cones and chocolate bars.If the price of an ice cream cone is $2 a cone and the price of a chocolate bar is $1 a bar,which of the following is a point on Linda's budget line?
A) 4 cones and 0 chocolate bars
B) 1 cone and 8 chocolate bars
C) 3 cones and 1 chocolate bar
D) 5 cones and 10 chocolate bars
E) 0 cones and 0 chocolate bars

Question

Quizplus · Accepted Answer

Linda's budget line represents all combinations of cones and bars she can buy with $10. Option B (1 cone and 8 bars) costs $2 + $8 = $10, which is on the budget line.

Linda Has $10 a Month to Spend on Ice Cream