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

Question 270

Multiple Choice

Figure 21-24 The figure shows three indifference curves and a budget constraint for a certain consumer named Steve. Figure 21-24 The figure shows three indifference curves and a budget constraint for a certain consumer named Steve.   -Refer to Figure 21-24. Which of the following pairs of prices matches the appearance of the budget constraint? A) price of apples = $6/pound; price of pears = $4/pound B) price of apples = $4/pound; price of pears = $6/pound C) price of apples = $6/pound; price of pears = $5/pound D) price of apples = $5/pound; price of pears = $6/pound
-Refer to Figure 21-24. Which of the following pairs of prices matches the appearance of the budget constraint?


A) price of apples = $6/pound; price of pears = $4/pound
B) price of apples = $4/pound; price of pears = $6/pound
C) price of apples = $6/pound; price of pears = $5/pound
D) price of apples = $5/pound; price of pears = $6/pound

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