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Posts: 231
A month ago
Suppose Mario is given a monthly income of $400 to spend on food while at college. Further, suppose the price of a frozen meal is $8 and the price of a cup of soup is $4. Which one of the following consumption combinations is possible given these prices and income?

▸ 10 frozen meals 100 cups of soup

▸ 15 frozen meals, 80 cups of soup

▸ 40 frozen meals, 50 cups of soup

▸ 20 frozen meals, 60 cups of soup
Textbook 

Microeconomics: Principles, Applications, and Tools

Edition: 8th
Authors:
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Do What Makes You Come Alive
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wrote...
A month ago
20 frozen meals, 60 cups of soup
wrote...
A month ago
Thank you
Do What Makes You Come Alive
wrote...
A month ago
Welcome ツ
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