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Assume that a consumer has a given budget or income of $12 and that she can buy only two goods, apples or bananas. The price
Assume that a consumer has a given budget or income of $12 and that she can buy only two goods, apples or bananas. The price of an apple is $2.00 and the price of a banana is $1.00 If the consumer spent all of her budget on just bananas, how many apples or bananas maximum would she be able to buy?
A. 5 apples or 10 bananas
B. 12 apples or 6 bananas
C. 4 apples or 8 bananas
D. 6 apples or 12 bananas
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