Graph 22-9 -Refer to Graph 22-9. Assume That the Consumer Depicted in the Consumer

question 42

Multiple Choice

Graph 22-9

-Refer to Graph 22-9. Assume that the consumer depicted in the graph has an income of $100. If the price of chocolate chips is $5, the optimising consumer would choose to purchase:

• A) 13 marshmallows and 7 chocolate chips
• B) 10 marshmallows and 10 chocolate chips
• C) 8 marshmallows and 12 chocolate chips
• D) 6 marshmallows and 14 chocolate chips

---

Definitions:

Cattle Ranchers

Individuals or businesses involved in the raising and breeding of cattle for meat production or sale on a large scale.

Sheepherders

Individuals or workers engaged in the care and management of sheep, often involving grazing, moving herds to new pastures, and ensuring their health and safety.

Supremacy

The state or condition of being superior to all others in authority, power, or status.

Social Positions

The status or rank that an individual holds within a society, often influenced by factors such as occupation, wealth, and family background.