Assume Jordan's budget constraint is represented in the graph shown. If Jordan's income is $18, what are the prices of these two goods?
A)A protein bar costs $3 and a bagel costs $2.
B)A protein bar costs $4 and a bagel costs $3.
C)A protein bar costs $12 and a bagel costs $9.
D)A protein bar costs $6 and a bagel costs $3.

Question

Assume Jordan's budget constraint is represented in the graph shown. If Jordan's income is $18, what are the prices of these two goods?
A)A protein bar costs $3 and a bagel costs $2. 
B)A protein bar costs $4 and a bagel costs $3. 
C)A protein bar costs $12 and a bagel costs $9. 
D)A protein bar costs $6 and a bagel costs $3.

Quizplus · Accepted Answer

The Answer of  Assume Jordan's budget constraint is represented in the graph shown. If Jordan's income is $18, what are the prices of these two goods?
A)A protein bar costs $3 and a bagel costs $2. 
B)A protein bar costs $4 and a bagel costs $3. 
C)A protein bar costs $12 and a bagel costs $9. 
D)A protein bar costs $6 and a bagel costs $3.

Assume Jordan's Budget Constraint Is Represented in the Graph Shown