EQ 4 2010 answer

EQ 4 2010 answer - (d) The price of Subway sandwiches rose....

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AGEC 105 AGEC 105 EQ #4 Feb. 8, 2010 EQ #4 Feb. 8, 2010 (2 pts) (2 pts) 1. What caused the budget line to change? Answer is (b) (a) The price of Chick-fil-A sandwiches rose. (b) The price of Subway sandwiches fell. (c) The expenditure (budget allotment) on Subway sandwiches and Chick-fil-A sandwiches rose.
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Unformatted text preview: (d) The price of Subway sandwiches rose. (e) The price of Chick-fil-A sandwiches fell. 2. If the expenditure on Chick-fil-A Sandwiches and Subway sandwiches equals $60, what is the price of a Chick-fil-A sandwich? $3 Quantity of Sandwiches Quantity of Sandwiches 15 10 20...
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This document was uploaded on 12/13/2010.

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