Exhibit 21-7 -Refer to Exhibit 21-7.For Graph (2),if the Price of X

question 4

Multiple Choice

Exhibit 21-7

-Refer to Exhibit 21-7.For graph (2) ,if the price of X is $60,what is the consumer's income?

• A) $1,000
• B) $2,000
• C) $3,000
• D) $6,000
• E) This cannot be determined from the information provided.

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