Tom has $ 300 to spend on two goods: A and B.  Price of A is $3 and price of B is $5. Identify  the combinations of the 2 goods that will lie to the right of Tom's budget line:   A. 56 units of A and 25 units of B   B. 29 units of A and 49 units of B   C. 50 units of A and 29 units of B   D. 40 units of A and 36 units of B

Micro Economics For Today
10th Edition
ISBN:9781337613064
Author:Tucker, Irvin B.
Publisher:Tucker, Irvin B.
Chapter6: Consumer Choice Theory
Section: Chapter Questions
Problem 10SQ
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Tom has $ 300 to spend on two goods: A and B.  Price of A is $3 and price of B is $5. Identify  the combinations of the 2 goods that will lie to the right of Tom's budget line:

  A.

56 units of A and 25 units of B

  B.

29 units of A and 49 units of B

  C.

50 units of A and 29 units of B

  D.

40 units of A and 36 units of B

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