If the budget for this consumer is $96, then which of the following statements is true?
Understand the Problem
The question is asking about a consumer's equilibrium based on their budget of $96 and the price of tacos and wings. It requires analyzing the graph provided to evaluate the statements about the consumer's purchasing power and price per item at the equilibrium point A.
Answer
All of the above.
The final answer is all of the above.
Answer for screen readers
The final answer is all of the above.
More Information
Point A demonstrates the consumer in equilibrium given the prices and budget constraints align with the graphical information.
Tips
Common mistakes include miscalculating based on incorrect price or budget assumptions.
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