If the Consumer's Budget Constraint Is Given by 4P

question 45

Multiple Choice

If the consumer's budget constraint is given by 4P + 2B = 50 where P is Pizza and B is Burgers, the following bundles of Pizza and Burger would be on the budget constraint:

• A)P = 2; B = 21
• B)P = 5; B = 10
• C)P = 2; B = 24
• D)P = 10; B = 20