-Max has allocated $100 toward meats for his barbecue. His budget line and an indifference map are shown in the above figure. What is the price of chicken?
A)$0.80/lb
B)$1.25/lb
C)$4/lb
D)$5/lb
Let's find answer to your question.
-Max has allocated $100 toward meats for his barbecue. His budget line and an indifference map are shown in the above figure. What is the price of chicken?
A)$0.80/lb
B)$1.25/lb
C)$4/lb
D)$5/lb