Doubt

The image is not visible and secondly please solve to the extent you know. There is no point we solving and sharing answer, you will not get the concept - please solve and post the image of your solution and once you do that we shall highlight where you have made a mistake. Just posting questions and asking for solutions does not serve anyone's purpose

Sriram Somayajula

Admin

03-Dec-20 08:56

Answe is B Here the budget constraint of a consumer with an income of 900 is given. From this we can understand that it can buy x quantity of ice cream and y quantity of chocolate. Now in diagram on Y axis quantity of chocolate is plotted and also mentioned that it can buy 90 quantities with budget of 900 so the price of choclate is 10 and Sane with ice cream

Hrishikesh Ransing

CA Final

★ 4K+

10-Dec-20 02:07