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Economics Homework Help
Janice has $150 to spend on concert tickets and/or movie tickets. Concert tickets are $25 each. Movie tickets are $12.50 each. Janice would like to purchase 4 concert tickets and 6 movie tickets. Can she?
A.Yes, she can borrow money in order to pay for the tickets.
B.Yes, she can afford both types of tickets.
C.No, the goods are outside of her budget and opportunity set.
D.No, she does not like spending money on concerts.
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