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dkwilson dkwilson
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A year ago
A consumer has $50 to spend. He has to decide between buying two goods: magazines priced at $5 each and DVDs priced at $10 each. Which of the following combinations of the two goods will entirely exhaust his budget constraint?

▸ 2 magazines and 4 DVDs

▸ 2 magazines and 2 DVDs

▸ 3 magazines and 4 DVDs

▸ 6 magazines and 1 DVD
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Macroeconomics

Macroeconomics


Edition: 3rd
Authors:
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BronosBronos
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A year ago
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dkwilson Author
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A year ago
You make an excellent tutor!
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Thanks for your help!!
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