Scenario 21-1 Suppose the Price of Pizza Is $10, the Price of Price

question 187

Multiple Choice

Scenario 21-1
Suppose the price of pizza is $10, the price of cola is $1, and the consumer's income is $50. In addition, suppose the consumer's budget constraint measures pizza on the horizontal axis and cola on the vertical axis.
-Refer to Scenario 21-1.If the consumer's income rises to $60,then the budget line for pizza and cola would

• A)now intersect the horizontal axis at 6 pizzas and the vertical axis at 60 colas.
• B)not change.
• C)now intersect the horizontal axis at 4 pizzas and the vertical axis at 16 colas.
• D)rotate outward along the cola axis.

Assess the impact of population dynamics on resources and societal needs.

Recognize the global status and challengesassociated with women in demographics, employment, and land ownership.

Identify barriers to successful demographic transition in developing countries.

Understand the factors influencing infant mortality and life expectancy.

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