Question

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 $1.50 and the price of a banana is $0.75. This means that, in order to buy two bananas, this consumer must forgo

Answer 1

1 apple

Step-by-step explanation:

Since in the question it is mentioned that if a consumer has a budget or income of $12 and she can purchased only two goods i.e. apple or banans and if the price of the apple is $1.50 and the price of banana is $0.75 so if she purchases two bananas so the consumer must forgo the one apple

hence, the same is to be considered