If a Consumer's Budget Line for Food (F)and Shelter (S)is

question 73

Multiple Choice

If a consumer's budget line for food (F) and shelter (S) is represented as F = 250 - 5S,we know that

• A)the consumer's income is 250.
• B)the price of shelter is five.
• C)the price of shelter is five times the price of food.
• D)All of the above.

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