Author Question: Based on the above figure showing a budget line, which of the following combinations of soda and ... (Read 105 times)

debasdf · **on:** Jun 29, 2018

Based on the above figure showing a budget line, which of the following combinations of soda and bottled water are not affordable?

A) 3 bottles of water and 4 cans of soda
B) 4 bottles of water and 2 cans of soda
C) 2 bottles of water and 6 cans of soda
D) None of the above, that is, all the combinations listed are affordable.

Question 2

In the figure above, the marginal product of the second worker is

A) 10 units.
B) 5 units.
C) 2 units.
D) 1 units.