Leo Consumes Only Apples and Bananas

question 3

Multiple Choice

Leo consumes only apples and bananas.He prefers more apples to fewer, but he gets tired of bananas.If he consumes fewer than 24 bananas per week, he thinks that 1 banana is a perfect substitute for 1 apple.But you would have to pay him 1 apple for each banana beyond 24 that he consumes.The indifference curve that passes through the consumption bundle with 31 apples and 36 bananas also passes through the bundle with A apples and 18 bananas, where A equals

• A)29.
• B)23.
• C)31.
• D)25.
• E)None of the above.

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Definitions:

Printing

A process for mass reproducing text and images using a template or master form, historically significant for its role in the spread of information and literacy.

1830s

The decade from 1830 to 1839, characterized by significant social, political, and technological changes worldwide.

Nineteenth Century

The period from 1801 to 1900, marked by significant social, economic, and technological changes worldwide.

Women

Individuals who identify as female and may relate to a set of cultural and social roles, behaviors, and rights.