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Assume Bonnie Has $64 to Spend on Hairbands and Earrings

Question 70

Multiple Choice

  Assume Bonnie has $64 to spend on hairbands and earrings.Her budget constraint is shown in the graph shown.Which of the following can be said about Bonnie's choices? A)  Bonnie can buy twice as many hairbands as earrings. B)  Earrings must cost $16 each. C)  Hairbands must cost $8 each. D)  All of these are true. Assume Bonnie has $64 to spend on hairbands and earrings.Her budget constraint is shown in the graph shown.Which of the following can be said about Bonnie's choices?


A) Bonnie can buy twice as many hairbands as earrings.
B) Earrings must cost $16 each.
C) Hairbands must cost $8 each.
D) All of these are true.

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