Figure 21-20 The Following Graph Illustrates a Representative Consumer's Preferences for Marshmallows

question 226

Multiple Choice

Figure 21-20
The following graph illustrates a representative consumer's preferences for marshmallows and chocolate chip cookies:
-Refer to Figure 21-20. Assume that the consumer has an income of $40. If the price of chocolate chips is $4 and the price of marshmallows is $4, the optimizing consumer would choose to purchase

• A)9 marshmallows and 6 chocolate chips.
• B)10 marshmallows and 10 chocolate chips.
• C)5 marshmallows and 5 chocolate chips.
• D)3 marshmallows and 9 chocolate chips.

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Definitions:

Foramen Ovale

An opening in the septum between the two atria of the heart in a fetus, which normally closes soon after birth.

Fetal Circulation

The circulatory system in a fetus that includes special structures like the umbilical cord, ductus arteriosus, and foramen ovale, facilitating the exchange of oxygen and nutrients between the fetus and mother.

Arterial Duct

A blood vessel in fetuses that connects the pulmonary artery to the descending aorta, allowing blood to bypass the lungs.

Umbilical Cord

Cord connecting the fetus to the placenta, through which blood vessels pass.