If a consumer's budget line for food (F) and shelter (S) is represented as F = 250 - 5S, we know that

If a consumer's budget line for food (F) and shelter (S) is represented as F = 250 - 5S, we know that



A) the consumer's income is 250.
B) the price of shelter is 5.
C) the price of shelter is 5 times the price of food.
D) All of the above.


Answer: the price of shelter is 5 times the price of food.


Learn More :