Preview File Edit View Go Tools Window Help 81% Wed Mar 25 5:09 PM a Eco4100MidtermSpring2020.pdf (page 6 of 9) Search Eco4100MidtermSpring2020... creen Shot -0....01.06 PM Juice 4 creen Shot -0....02.41 PM 20 creen Shot -0...09.34 PM 15 13- 10- M heoSI er h h. er d SI2 40 Snacks 57 10 8) The above figure shows Bobby's indifference map for juice and snacks. Also shown are three budget lines resulting from different prices for snacks assuming he has $20 to spend on these goods. Which of the following points are on Bobby's demand curve for snacks? A) p = 2, q = 5 B) p = 2, q = 10 C) p = 2, q = 13 D) p = 1, q = 20 The e fen n %3D %3D 6. 3. PAGES MAR 25 20

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Eco4100MidtermSpring2020...
creen Shot
-0....01.06 PM
Juice
4
creen Shot
-0....02.41 PM
20
creen Shot
-0...09.34 PM
15
13-
10-
M heoSI er h h. er d
SI2
40
Snacks
57 10
8) The above figure shows Bobby's indifference map for juice and snacks. Also shown are
three budget lines resulting from different prices for snacks assuming he has $20 to spend on
these goods. Which of the following points are on Bobby's demand curve for snacks?
A) p = 2, q = 5
B) p = 2, q = 10
C) p = 2, q = 13
D) p = 1, q = 20
The e fen n
%3D
%3D
6.
3.
PAGES
MAR
25
20
Transcribed Image Text:Preview File Edit View Go Tools Window Help 81% Wed Mar 25 5:09 PM a Eco4100MidtermSpring2020.pdf (page 6 of 9) Search Eco4100MidtermSpring2020... creen Shot -0....01.06 PM Juice 4 creen Shot -0....02.41 PM 20 creen Shot -0...09.34 PM 15 13- 10- M heoSI er h h. er d SI2 40 Snacks 57 10 8) The above figure shows Bobby's indifference map for juice and snacks. Also shown are three budget lines resulting from different prices for snacks assuming he has $20 to spend on these goods. Which of the following points are on Bobby's demand curve for snacks? A) p = 2, q = 5 B) p = 2, q = 10 C) p = 2, q = 13 D) p = 1, q = 20 The e fen n %3D %3D 6. 3. PAGES MAR 25 20
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