if-a-consumer-has-an-income-of-50-and-the-price-of-a-good-is-5-what-is-the-maxim

Question

If a consumer has an income of $50 and the price of a good is $5, what is the maximum quantity of the good they can purchase?

Accepted Answer

10 units

Answer

5 units

Answer

20 units

Answer

15 units

If a consumer has an income of \$50 and the price of a good is \$5, what is the maximum quantity of the good they can purchase?