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AndrewKraus AndrewKraus
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7 years ago
Assume that a combination of 10 bottles of wine and 2 cartons of milk lies on a consumer's budget constraint. If the price of one bottle of wine is $10, and one carton of milk is $1, what is the consumer's income?
A) $100
B) $20
C) $120
D) $102
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Microeconomics

Microeconomics


Edition: 1st
Authors:
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losteinlostein
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7 years ago
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AndrewKraus Author
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#2
7 years ago
Excellent answer, thx
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