Suppose a consumer has an income of $40, the price of A is $5, and the price of B is $4. Which of the following combinations is on the consumer's budget line? Multiple Choice 8A and 108 4A and 58 6A and 38

Suppose a consumer has an income of $40, the price of A is $5, and the price of B is $4. Which of the following combinations is on the consumer's budget line? Multiple Choice 8A and 108 4A and 58 6A and 38

Principles of Economics (MindTap Course List)

8th Edition

ISBN:9781305585126

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter21: The Theory Of Consumer Choice

Section: Chapter Questions

Problem 12PA

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Question

Suppose a consumer has an income of $40, the price ofA is $5, and the price of B is $4. Which of the following combinations is on the consumer's
budget line?
Multiple Choice
8A and 10B
4A and 5B
6A and 3B
3A and 6B

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