Assume That a Consumer Has a Given Budget or Income

question 187

Multiple Choice

Assume that a consumer has a given budget or income of $12, and that she can buy only two goods, apples or bananas. The price of an apple is $1.50 and the price of a banana is $0.75. Refer to the information given above. If the consumer decides to buy 4 apples, how many bananas can she also buy with the remainder of her budget?

• A) 8 bananas
• B) 4 bananas
• C) 6 bananas
• D) 10 bananas

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Definitions:

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In Judeo-Christian religions, it traditionally refers to the prohibition against creating and worshiping graven images or idols.

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