Figure 10-9 -Refer to Figure 10-9.If the Consumer Has $240 to Spend

question 73

Multiple Choice

Figure 10-9
-Refer to Figure 10-9.If the consumer has $240 to spend on DVDs and CDs,what is the price of a CD if the budget constraint is BC2?

• A)$8
• B)$10
• C)$20
• D)$40

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Definitions:

Picketing

A public protest against management practices that involves union members marching and carrying anti-management signs at the employer’s plant.

Management Practices

The methods, strategies, and techniques used by managers to direct and control a business or organization.

Union Members

Individuals who belong to an organization that represents workers' interests, especially related to wages and working conditions.