Refer to the budget line shown in the diagram. If the consumer's money income is $20, the
A) prices of C and D cannot be determined.
B) price of C is $2 and the price of D is $4.
C) consumer can obtain a combination of 5 units of both C and D.
D) price of C is $4 and the price of D is $2.

Question

Refer to the budget line shown in the diagram. If the consumer's money income is $20, the 
A) prices of C and D cannot be determined. 
B) price of C is $2 and the price of D is $4. 
C) consumer can obtain a combination of 5 units of both C and D. 
D) price of C is $4 and the price of D is $2.

Quizplus · Accepted Answer

The Answer of Refer to the budget line shown in the diagram. If the consumer's money income is $20, the 
A) prices of C and D cannot be determined. 
B) price of C is $2 and the price of D is $4. 
C) consumer can obtain a combination of 5 units of both C and D. 
D) price of C is $4 and the price of D is $2.

Refer to the Budget Line Shown in the Diagram