Refer to the accompanying figure. If Zeynep's current budget constraint is BC2, and her budget for ham sandwiches and cheese sandwiches is $120, then the price of a cheese sandwich is:
A)$2.
B)$6.
C)$9.
D)$12.

Question

Refer to the accompanying figure.  If Zeynep's current budget constraint is BC2, and her budget for ham sandwiches and cheese sandwiches is $120, then the price of a cheese sandwich is:
A)$2. 
B)$6. 
C)$9. 
D)$12.

Quizplus · Accepted Answer

If Zeynep allocates all of her budget of $120 towards cheese sandwiches, she can buy 20 cheese sandwiches, so each cheese sandwich then must cost $120/20 = $6.

Refer to the Accompanying Figure