(Scenario: Music Downloads and Streamed Movies)Read the Scenario Music Downloads

question 118

Multiple Choice

(Scenario: Music Downloads and Streamed Movies) Read the scenario Music Downloads and Streamed Movies.Phillip's optimal consumption bundle will be one whose: Scenario: Music Downloads and Streamed Movies
Phillip has an income of $300 per month,which he uses to purchase music downloads (MD) and streamed movies (SM) .Each music download costs $1 and each streamed movie costs $5.

• A)budget line is tangent to his highest indifference curve.
• B)budget line intersects his highest indifference curve.
• C)budget line intersects the music download axis.
• D)indifference curve intersects the streamed movies axis.

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Definitions:

Windward Side

The side of an object or geography that faces the direction from which the wind is blowing; often receives more rainfall and has cooler temperatures.

Mismatched

Refers to incorrect pairing or alignment, especially in the context of DNA or RNA sequences where base pairs do not properly align.

Tundra

Biome characterized by permanently frozen subsoil found between the ice cap and the tree line.

Prairie

A type of ecosystem characterized by vast open landscapes, grasslands, and few trees, often found in North America.