Assume the Price of Beer Is $4,the Price of Pizza

question 5

Multiple Choice

Assume the price of beer is $4,the price of pizza is $10 and the consumer's income is $250.Which consumption bundle will NOT be the consumer's choice?

• A) 5 Beer, 5 Pizza
• B) 0 Beer, 25 Pizza
• C) 25 Beer, 15 Pizza
• D) None of the bundle will be chosen.

---

Definitions:

Dress Code

A set of rules specifying the attire expected to be worn by individuals in certain environments or situations.

CRTC

The Canadian Radio-television and Telecommunications Commission, a regulatory agency for broadcasting and telecommunications in Canada.

Principles of Equity

Fundamental guidelines in legal systems that emphasize fairness, justice, and impartiality, especially in cases where strict application of laws may lead to an unjust outcome.

Radio Station

A broadcasting service that transmits audio programming via radio waves to the public.