Jasons preferences and budget constraint 100 0 150 Number of

Jason\'s preferences and budget constraint 100 0 150 Number of ice cream cones

Solution

Answer is B. $ 450.

Explanation: At budget line, the income is constant. Therefore, when on the budget line consumes 150 units of ice-cream without any single unit of sandwitch, the income can be computed as $450 (i.e. 150 units @ 3).