Assume the graph shown shows Bobbi's budget constraint.If hairbands cost $5,then Bobbi's income to spend on these two items must be:
A) $8.
B) $6.
C) $40.
D) Cannot be determined without more information.

Question

Assume the graph shown shows Bobbi's budget constraint.If hairbands cost $5,then Bobbi's income to spend on these two items must be:
A) $8. 
B) $6. 
C) $40. 
D) Cannot be determined without more information.

Quizplus · Accepted Answer

The Answer of  Assume the graph shown shows Bobbi's budget constraint.If hairbands cost $5,then Bobbi's income to spend on these two items must be:
A) $8. 
B) $6. 
C) $40. 
D) Cannot be determined without more information.

Assume the Graph Shown Shows Bobbi's Budget Constraint