Figure 10-9 -Refer to Figure 10-9.If the Consumer Has $240 to Spend

question 289

Multiple Choice

Figure 10-9

-Refer to Figure 10-9.If the consumer has $240 to spend on DVDs and CDs, what is the price of a DVD if the budget constraint is BC₁?

• A)$10
• B)$20
• C)$24
• D)$40