Multiple Choice
Harry has $10 to spend on cans of Coke and Pepsi, which he regards as perfect substitutes, one for one.Pepsi costs $.50 a can and Coke costs $.60 a can.Harry has 20 coupons, each of which can be used to buy 1 can of Coke for $.40.Which of the following bundles will Harry buy?
A) 20 cans of Pepsi and no Coke
B) 16 2/3 cans of Coke and no Pepsi
C) 10 cans of Coke and 8 cans of Pepsi
D) 10 cans of Coke and 12 cans of Pepsi
E) None of the above.
Correct Answer:
Verified
Correct Answer:
Verified
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