Questions
ECON3200001.1251 Pre-class Quiz 3
Single choice
Beth has $200 of income to spend on e-books (E), priced at $10 per book, and Zumba (Z) classes, priced at $8 per class. Which of the following consumption bundles is infeasible?
Options
A.E = 8 and Z = 15
B.E = 10 and Z = 13
C.E = 2 and Z = 22
D.E = 20 and Z = 0
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Step-by-Step Analysis
We start by restating the decision problem in our own words: Beth has a total budget of 200, with ebooks costing 10 each and Zumba classes costing 8 each. A bundle is feasible if its total cost doe......Login to view full explanationLog in for full answers
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