Larry spends all his $800 monthly income on pizza and gasoline. The price of pizza is $4 a slice, and the price of gasoline is $2 per gallon. If Larry buys 150 slices of pizza per month, his budget constraint will allow him to buy ________ gallons of gas per month.
A) 100
B) 80
C) 120
D) 200
Correct Answer:
Verified
Q2: In order to determine a household's budget
Q3: Sam buys gasoline and coffee each week.
Q4: All points below the budget line are
A)
Q5: Jake plans to spend $100 on fried
Q6: Bob plans to spend $60 per month
Q7: The variables that determine a household's budget
Q8: In order to draw an individual's budget
Q9: The budget line _.
A) shows the limits
Q10: Lily is a college student who likes
Q11: A budget line shows the
A) consumption possibilities
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