
Assume that a college student spends all of her income on macaroni and hamburger.During exam week,the price of a box of macaroni is $1.50 and a pound of hamburger costs $4.00.If she has $41 of income,what could she choose to consume
A) 5 boxes of macaroni and 4 pounds of hamburger
B) 7 boxes of macaroni and 9 pounds of hamburger
C) 11 boxes of macaroni and 6 pounds of hamburger
D) 15 boxes of macaroni and 5pounds of hamburger
Correct Answer:
Verified
Q12: Assume that a college student spends all
Q13: Figure 21-1 Q14: In what direction will an increase in Q15: The theory of consumer choice can often Q16: If the relative price of a lift Q18: What does a budget constraint show Q19: What does the theory of consumer choice Q20: Assume that a university student spends all Q21: Figure 21-3 Q22: What do economists use to represent a
![]()
A)the prices
![]()
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents