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.

Question

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.

Quizplus · Accepted Answer

The Answer of 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.

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