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pirex pirex
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Posts: 634
6 years ago
Max has allocated $100 toward meats for his barbecue. His budget line and an indifference map are shown in the above figure. What happens if Max's mother gives him 10 pounds of burger?
A) Max would have preferred receiving the dollar value of the burger.
B) Max is indifferent between this gift and the dollar value of the burger.
C) Max prefers this gift to the dollar value of the burger.
D) None of the above.
Textbook 
Microeconomics

Microeconomics


Edition: 6th
Author:
Read 54 times
1 Reply
And if you call, I will answer
And if you fall, I'll pick you up
And if you court this disaster
I'll point you home
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LBCeaLBCea
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Top Poster
Posts: 1248
6 years ago
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pirex Author
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6 years ago
Thank you, thank you, thank you!
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Yesterday
Good timing, thanks!
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2 hours ago
Correct Slight Smile TY
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