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Home Q & A Board Other Fields Homework Help Business Economics
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regina nana regina nana
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5 years ago

Question 1.

Hector has $2,000 a month to spend on clothing and food. The price of clothing is $50 and the price of food is 20. The clothing and food pairs in Hector's choice set include ________ units of clothing and ________ units of food.



▸ 100; 100

▸ 40; 100

▸ 30; 50

▸ 16; 60

Question 2.

Hector has $2,000 a month to spend on clothing and food. The price of clothing is $50 and the price of food is $20. Hector spends his entire income when he purchases ________ units of clothing and ________ units of food.



▸ 20; 20

▸ 50; 10

▸ 24; 40

▸ 32; 16
Textbook 
Principles of Economics

Principles of Economics


Edition: 12th
Authors:
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purplepanda1516purplepanda1516
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regina n. Author
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5 years ago
Thanks
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