Refer to the table above. If the income of the consumer is 24, ...

[lindiwe]

Refer to the table above. If the income of the consumer is 24, the optimal choice contains:
 
  A) 1 quart of juice and 1 quart of milk.
  B) 3 quarts of juice and 4 quarts of milk.
  C) 4 quarts of juice and 4 quarts of milk.
  D) 4 quarts of juice and 5 quarts of milk.

Question 2

The above figure shows the U.S. market for wheat. With international trade, consumer surplus is equal to ________.
 
  A) area A + area B + area C
  B) area E + area F
  C) area B + area C + area D
  D) area A + area B + area C + area D
  E) area A

[peilian]

Answer to Question 1

C

Answer to Question 2

E