AGEC EQ # Feb. 8, 2010 (2 pts) Quantity of Sandwiches 15 10 20

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AGEC 105 EQ #4 Feb. 8, 2010 (2 pts) Quantity of Sandwiches 15 10 20 Quantity of Sandwiches 1. What caused the budget line to change? (a) The price of Chick-fil-A sandwiches rose. (b) The price of Subway sandwiches fell. (c) The expenditure (budget allotment) on Subway sandwiches and Chick-fil-A sandwiches rose. (d) The price of Subway sandwiches rose. (e) The price of Chick-fil-A sandwiches fell. 2. If the expenditure on Chick-fil-A Sandwiches and Subway sandwiches equals $60, what is the price of a Chick-fil-A sandwich?