

MCQOPTIONS
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1. |
Refer to Exhibit 4. Suppose that the consumer must choose between buying socks and belts Also suppose that the consumer’s income is €100 If the price of a belt is €10 and the price of a pair of socks is €5, the consumer will choose to buy the commodity bundle represented b point ? |
A. | Z |
B. | X |
C. | Y |
D. | the optimal point cannot be determined from this graph |
Answer» B. X | |