Figure 3-1 Quantity of Pizza Slices 20 伯格订侣酒保侣位110987654321 10 12 14 16 18 20 Quantity ofTacos Question 20 Refer to Figure 3-1 in Question 16. If Tom's income is $120, then what is the price of a taco when his optimal choice of bundles is Bundle B? (Write just the number, not the $)

Figure 3-1 Quantity of Pizza Slices 20 伯格订侣酒保侣位110987654321 10 12 14 16 18 20 Quantity ofTacos Question 20 Refer to Figure 3-1 in Question 16. If Tom's income is $120, then what is the price of a taco when his optimal choice of bundles is Bundle B? (Write just the number, not the $)

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Concept explainers

Revealed Preferences and Budget Constraint Analysis

Revealed means “Let Out,” and Preference means “Choice”; Choice Reveals Preference.

Question

Figure 3-1
Quantity of
Pizza Slices
20
伯格订侣酒保侣位110987654321
10 12 14 16 18 20
Quantity
ofTacos

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