Refer to Table 10-6. What is Jay's optimal consumption bundle?

A) 1 burger and 2 cans of Pepsi B) 2 burgers and 3 cans of Pepsi
C) 3 burgers and 2 cans of Pepsi D) 3 burgers and 1 can of Pepsi

B

Economics

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The exchange-rate effect helps explain what feature in the aggregate demand and aggregate supply model?

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The ________ rate represents the difference between the spot and forward price

A) profit B) swap C) spread D) risk

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