-Refer to the Above Table

question 422

Multiple Choice

-Refer to the above table. Assume the consumer spends his entire income. If the consumer's optimum at the current price of a movie is at 4 hamburgers and 4 movies, and the price of a hamburger is $1, what is the consumer's income?

• A) $28
• B) $20
• C) $16
• D) $40

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