The following figure displays John's budget constraint when he spends his income on tables and chairs.

-Refer to the figure above.If John decides to spend his entire income on tables and the price of a table is $2,what is John's income?
A) $20
B) $40
C) $60
D) $80

Question

The following figure displays John's budget constraint when he spends his income on tables and chairs.
 
-Refer to the figure above.If John decides to spend his entire income on tables and the price of a table is $2,what is John's income?
A) $20 
B) $40 
C) $60 
D) $80

Quizplus · Accepted Answer

The Answer of The following figure displays John's budget constraint when he spends his income on tables and chairs.
 
-Refer to the figure above.If John decides to spend his entire income on tables and the price of a table is $2,what is John's income?
A) $20 
B) $40 
C) $60 
D) $80

The Following Figure Displays John's Budget Constraint When He Spends