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Tonya's Budget Constraint for Gasoline (G) and Clothes (C) Each

question 130

Essay

Tonya's budget constraint for gasoline (G) and clothes (C) each month can be expressed with the following equation: G = 100 - 2C.If you know that the price of clothing is $10, then this means the price of gasoline is
___ ___ and the total amount of income spent on both clothing and gasoline each month is _.
A.$5; $500
B.$2; $100
C.$1; $500
D.$2; $1,000


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