Consider the budget line in the above figure. If the consumer's income is $240, then the price of a book is
A) $20 per book.
B) $24 per book.
C) $12 per book.
D) More information is needed to determine the price of a book.
B
Economics
You might also like to view...
If there is a surplus of tacos, then the
A) quantity of tacos demanded equals the quantity of tacos supplied. B) quantity of tacos demanded is greater than the quantity of tacos supplied. C) quantity of tacos demanded is less than the quantity of tacos supplied. D) market is at equilibrium. E) supply curve of tacos will shift leftward to eliminate the surplus.
Economics
A self-managed team is still headed by a boss
Indicate whether the statement is true or false
Economics