This graph shows three different budget constraints: A,B,andC.

If Ted's budget constraint is shown by line A in the graph shown,and Ted's income for these two items is $36,what are the prices of the two goods?
A)Soda costs $3 per case,and milk costs $4 a gallon.
B)Soda costs $4 per case,and milk costs $3 a gallon.
C)Soda costs $12 per case and milk costs $9 a gallon.
D)Soda costs $6 per case and milk costs $3 a gallon.

Question

This graph shows three different budget constraints: A,B,andC.

If Ted's budget constraint is shown by line A in the graph shown,and Ted's income for these two items is $36,what are the prices of the two goods?
A)Soda costs $3 per case,and milk costs $4 a gallon. 
B)Soda costs $4 per case,and milk costs $3 a gallon. 
C)Soda costs $12 per case and milk costs $9 a gallon. 
D)Soda costs $6 per case and milk costs $3 a gallon.

Quizplus · Accepted Answer

The Answer of This graph shows three different budget constraints: A,B,andC.

If Ted's budget constraint is shown by line A in the graph shown,and Ted's income for these two items is $36,what are the prices of the two goods?
A)Soda costs $3 per case,and milk costs $4 a gallon. 
B)Soda costs $4 per case,and milk costs $3 a gallon. 
C)Soda costs $12 per case and milk costs $9 a gallon. 
D)Soda costs $6 per case and milk costs $3 a gallon.

This Graph Shows Three Different Budget Constraints: A,B,andC