Figure 21-24 the Figure Shows Three Indifference Curves and a Budget

question 98

Multiple Choice

Figure 21-24 The figure shows three indifference curves and a budget constraint for a certain consumer named Steve.
-Refer to Figure 21-24. If Steve's income is $12.60, then the price of a pound of apples is

• A)$4.50.
• B)$3.85.
• C)$3.00.
• D)$2.80.

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