Multiple Choice

Assume that a university student spends all of her income on macaroni and hamburger.The price of a box of macaroni is $1.50 and a pound of hamburger costs $3.50.If she has $42 of income,what could she choose to consume
A) 14 boxes of macaroni and 6 pounds of hamburger
B) 15 boxes of macaroni and 7 pounds of hamburger
C) 20 boxes of macaroni and 4 pounds of hamburger
D) 22 boxes of macaroni and 3 pounds of hamburger
Correct Answer:
Verified
Related Questions
Q15: The theory of consumer choice can often
Q16: If the relative price of a lift
Q17: Assume that a college student spends all
Q18: What does a budget constraint show
A)the prices
Q19: What does the theory of consumer choice