Inicio
/
Negocios
/
Answer 2 Points Consider the Following Scenario. Leff Has a Budget of 16 Per Week That Can Be Spent on Apples and Oranges. The Cost of

Problemas

Answer 2 Points Consider the following scenario. leff has a budget of 16 per week that can be spent on apples and oranges. The cost of apples is 1 per apple, and the cost of oránges is 2 per orange. Which of the following combinations of apples and oranges lies on Jeff's budget constraint?Select the best answer. 8 apple(s) and 4 orange(s) 8 apple(s) and 8 orange(s) 6 apple(s) and 4 orange(s)

Roztwór

Enrique veterano · Tutor durante 9 años
Weryfikacja ekspertów
4.6 (213 Votos)

Respuesta

To determine which combination of apples and oranges lies on Jeff's budget constraint, we need to calculate the total cost for each combination and see if it equals Jeff's budget of 8 + \ 162. **8 apples and 8 oranges:** - Cost of 8 apples = 8\) - Cost of 8 oranges = 16\) - Total cost = \ 16 = \ 6 + \ 14The combination that lies on Jeff's budget constraint is **8 apples and 4 oranges**, as the total cost is exactly \$16.