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Suppose a Teenager Has $20 and Likes Both Rap Music

Question 28

Multiple Choice

Suppose a teenager has $20 and likes both rap music (R) and country music (C) with a set of preferences so that U = C1/2R1/2.Suppose that the iTunes price of a rap music song is Suppose a teenager has $20 and likes both rap music (R) and country music (C) with a set of preferences so that U = C<sup>1/2</sup>R<sup>1/2</sup>.Suppose that the iTunes price of a rap music song is   and the price of a country music song is   .What level of utility is unaffordable? A)  6 B)  7 C)    D)  8 and the price of a country music song is Suppose a teenager has $20 and likes both rap music (R) and country music (C) with a set of preferences so that U = C<sup>1/2</sup>R<sup>1/2</sup>.Suppose that the iTunes price of a rap music song is   and the price of a country music song is   .What level of utility is unaffordable? A)  6 B)  7 C)    D)  8 .What level of utility is unaffordable?


A) 6
B) 7
C) Suppose a teenager has $20 and likes both rap music (R) and country music (C) with a set of preferences so that U = C<sup>1/2</sup>R<sup>1/2</sup>.Suppose that the iTunes price of a rap music song is   and the price of a country music song is   .What level of utility is unaffordable? A)  6 B)  7 C)    D)  8
D) 8

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