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Carmen consumes nothing but cafeteria meals and music albums. Her indifference curves exhibit the four general properties of indifference curves....
Carmen consumes nothing but cafeteria meals and music albums. Her indifference curves exhibit the four general properties of indifference curves. Cafeteria meals cost $5 each, and albums cost $10. Carmen has $50 to spend.
The graph shows Carmen's budget line and an indifference curve that illustrates her optimal consumption bundle.
Her optimal consumption bundle consists of _____. A. 3 albums and 6 mealsB. 2 albums and 7 mealsC. 2 albums and 6 mealsD. 3 albums and 7 meals