Use the following to answer questions:
Figure: Budget Constraint 2 
-(Figure: Budget Constraint 2) Refer to the figure. What is the relative price of music downloads to movie downloads?
A) 3
B) 1/3
C) 5
D) 4
Correct Answer:
Verified
Q33: Constant marginal utility means that one's first
Q34: Use the following to answer questions:
Figure: Music
Q35: Assume that the unit price of good
Q36: Assume that the unit price of good
Q37: Increasing marginal utility means that one's first
Q39: Increasing marginal utility means that marginal utility
Q40: An increase in the price of a
Q41: Figure: Kiwi and Nuts Q42: Use the following to answer questions: Q43: Figure: Consumption Bundle ![]()
Figure: Indifference![]()
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