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Suppose a Consumer Has $100 to Spend on Two Goods,shoes

Question 20

Multiple Choice

Suppose a consumer has $100 to spend on two goods,shoes and shirts.If the price of a pair of shoes is $20 per pair and the price of a shirt is $15 each,which of the following combinations is unaffordable to the consumer?


A) 5 pairs of shoes and 0 shirts
B) 2 pairs of shoes and 4 shirts
C) 0 pairs of shoes and 7 shirts
D) 2 pairs of shoes and 3 shirts
E) 0 pairs of shoes and 0 shirts

Correct Answer:

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