After monitoring your daily consumption patterns, you determine that your daily consumption of
bottled waterbottled water
is
33
and your daily consumption of
tacostacos
is
22
when the prices per unit are
$0.75
and
$0.60
respectively.
When the price of
bottled waterbottled water
rises to
$1.00
you
A.will consume more
tacostacos
and less
bottled waterbottled water.
B.may or may not change your consumption of
bottled waterbottled water
and
tacostacos.
C.will consume less of both
bottled waterbottled water
and
tacostacos.
D.will consume more
bottled waterbottled water
and less
tacostacos.
E.will consume more of both
bottled waterbottled water
and
tacostacos.
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