Which of these formulations of the budget constraint is correct? Assume that there are 20 students in this semesters MBA class
A) $750A + $25B + $15,000C + $10D + $5E ? $56,250
B) 20A + 20B + C + 20D + 20E ? $56,250
C) A + B + C + D + E ? 20
D) $15,000A + $500B + $15,000C + $200D + $100E ? $56,250
Answer: D
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