If a Consumer Has $30 to Spend on Apples and Bananas,where

question 234

Multiple Choice

If a consumer has $30 to spend on apples and bananas,where on the apple axis would the consumer's budget line intersect if the price of apples is $3 a pound?

• A) 30 pounds
• B) 10 pounds
• C) 3 pounds
• D) 0 pounds
• E) It is impossible to determine with the given information.

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Definitions:

Age Group

A range of ages into which individuals are categorized for the purpose of analysis or marketing.

Applicants

Individuals who apply or register for something, such as a job, program, or school.

Hired

The process of offering employment to a candidate or the state of being employed.

Complement

A set or quantity of something that completes or brings to perfection.