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Suppose that Julia receives a $30 gift card for the local coffee shop, where she only buys lattes and muffins. If the price of a latte is $3 and the price of a muffin is $2, then we can conclude that Julia 10 Multiple Choice eBOOK O should only buy muffins. O should only buy lattes. O can buy 10 lattes or 15 muffins if she chooses to buy only one of the two goods. O can buy 10 lattes and 15 muffins with her $30 gift card.6 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 apples or just bananas, how many apples or bananas maximum would she be able to buy? Multiple Choice BOOK O 5 apples or 10 bananas O 12 apples or 6 bananas O 4 apples or 8 bananas O 6 apples or 12 bananasThe following graph is the production possibilities curve of a nation. 10 9 m3 0'7 $5 :5 E4 3 2 1 01234 Bread Which ofthe following combinations would be unattainable? Muluple Choice 0 4an| presses and 3 bread 9 drill gasses and 0 bread 8 drill presses and 1 bread . O 9 drlll presses and 3 bread 0 8 Which of the following statements about self-interest in a market system is false? Multiple Choice EBOOK O Self-Interest of entrepreneurs Implies seeking maximum profits or minimum losses. O Self-Interest usually motivates an Individual to deliver something of value to others. O Self-Interest applies only to businesses, not to consumers or the government. O In a market system, self-Interest motivates workers to get a job with the best wages, benefits, or most satisfaction.Answer the question based on the following information: Suppose 30 units of product A can be produced by employing just labor and capital in the four ways shown below. Assume the prices of labor and capital are $2 and $3, respectively. 9 Production Techniques 1 2 3 4 Labor 2 5 w w Capital 2 5 eBook Which technique is economically most efficient in producing A? Multiple Choice O 3 O 1 O 4 O 2