Figure 21-19 The Following Graph Illustrates a Representative Consumer's Preferences for Marshmallows

question 355

Multiple Choice

Figure 21-19
The following graph illustrates a representative consumer's preferences for marshmallows and chocolate chip cookies:

-Refer to Figure 21-19.Assume that the consumer has an income of $40.Based on the information available in the graph,which of the following price-quantity combinations would be on her demand curve for marshmallows if the price of chocolate chips were $4?

• A) P=$2, Q=3
• B) P=$2, Q=9
• C) P=$4, Q=3
• D) P=$4, Q=9

---

Definitions:

Victimized

The act of being made a victim or the process of being harmed or made to suffer physically, emotionally, or psychologically by others.

Legal

Pertaining to the law or the practice of law, including the system of rules that a particular country or community recognizes as regulating the actions of its members.

Financial Resources

Assets in the form of money or other valuables that an individual or organization can draw upon to fund its operations, investments, and to secure its future.

Coping Strategies

Techniques or methods that individuals use to handle, endure, or minimize stress and conflict in life.