18. Consumer Choice and Behavioral Economics
Budget Constraint
Multiple Choice
Multiple ChoiceThe Amazing Andy spends all of his $1,200 income on magic tricks. If card tricks cost $50 and wand tricks cost $300, which of the following consumption bundles lies upon Amazing Andy's budget constraint?
A
10 card tricks and 2 wand tricks
B
8 card tricks and 3 wand tricks
C
24 card tricks and 4 wand tricks
D
18 card tricks and 1 wand tricks
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