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Figure: Budget Constraint 2
-(Figure: Budget Constraint 2) Refer to the figure. A consumer has $45 to spend on movie and music downloads per month. What is the price per movie and music download?
A) $15 per movie download and $0.45 per music download
B) $3 per movie download and $1 per music download
C) $2.50 per movie download and $1.50 per music download
D) $10 per movie download and $0.80 per music download

Question

Use the following to answer questions:
Figure: Budget Constraint 2 
-(Figure: Budget Constraint 2) Refer to the figure. A consumer has $45 to spend on movie and music downloads per month. What is the price per movie and music download?
A) $15 per movie download and $0.45 per music download 
B) $3 per movie download and $1 per music download 
C) $2.50 per movie download and $1.50 per music download 
D) $10 per movie download and $0.80 per music download

Quizplus · Accepted Answer

The budget constraint indicates the consumer can spend $45 on a combination of movie and music downloads. If the price per movie download is $3 and the price per music download is $1, the consumer can purchase combinations that fit within the $45 budget, such as 15 movie downloads or 45 music downloads.

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