Suppose a Consumer Has an Income of $16,the Price of a Is

question 102

Multiple Choice

Suppose a consumer has an income of $16,the price of A is $2,and the price of B is $1.Which combination is on the consumer's budget line?

• A) 4A and 9B
• B) 5A and 6B
• C) 6A and 6B
• D) 8A and 8B
• The consumer can buy 5A for $10 and 6B for $6,which exhausts the budget constraint of $16.

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Definitions:

Mid-Ocean Ridge

An underwater mountain range, formed by plate tectonics, that stretches across the ocean floor and is associated with seismic and volcanic activity.

Plate Boundary

Zone of tectonic activity, including earthquakes, along the boundary between two lithospheric plates that are moving relative to one another.

Southern Continent

A hypothetical or specified landmass located in the southern hemisphere of a planet.

Oceanic Plateau

A large, flat, elevated region in the ocean basin, often composed of thickened crust that rises above the surrounding seafloor.