Popcom (baags per Sara's income is $12 a week The price of popcom is $3 a bag and the price of cola is $1.50 a can The graph illustrates Sara's preferonces for popcorn and cola Draw Sara's budget line Label it. Draw a point that shows the quantities of popcorn and cola that Sara buys Sara's marginal rato of substitution is A. 3 bags of popcom por can of cola OB. 1/2 bag of popcorn per can of cola OC. zero D. 4 bags of popcorn per can of cola

Principles of Economics 2e
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ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter6: Consumer Choices
Section: Chapter Questions
Problem 4SCQ: As a college student you work at a part-time job, but your parents also send you a monthly...
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Popcom (bags per week)
Sara's income is $12 a week The price of popcom is $3 a bag and the price of
cola is $1.50 a can
The graph illustrates Sara's preferences for popcorn and cola
Draw Sara's budget line. Label it
Draw a point that shows the quantities of popcorn and cola that Sara buys
Sara's marginal rate of substitution is
O A. 3 bags of popcorn por can of cola
2-
O B. 1/2 bag of popcorn per can of cola
1-
OC. zero
OD. 4 bags of popcorn per can of cola
Cola (cans per week)
>>> Draw only the objects specified in the question
Transcribed Image Text:Popcom (bags per week) Sara's income is $12 a week The price of popcom is $3 a bag and the price of cola is $1.50 a can The graph illustrates Sara's preferences for popcorn and cola Draw Sara's budget line. Label it Draw a point that shows the quantities of popcorn and cola that Sara buys Sara's marginal rate of substitution is O A. 3 bags of popcorn por can of cola 2- O B. 1/2 bag of popcorn per can of cola 1- OC. zero OD. 4 bags of popcorn per can of cola Cola (cans per week) >>> Draw only the objects specified in the question
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