REFER TO THE ABOVE GRAPHS. PIZZA AND BEER ARE THE ONLY TWO GOODS JO...

60.Refer to the above graphs. Pizza and beer are the only two goods Jon consumes. The price of beer is $2.00 per pitcher and pizza is $1.25 per slice. If Jon has only $10 to spend for the evening, which graph represents the set of possible combinations of beer and pizza he can consume?→ Graph AGraph BGraph CGraph DIf Jon exhausts all his income on beer, he will purchase 5 pitchers. If he exhausts all his income on pizza, he will purchase 8 slices. These are the endpoints of graph A. AACSB: AnalyticBlooms: ApplyDifficulty: 2 MediumLearning Objective: 01-04 List the categories of scarce resources and delineate the nature of the economizing problem.Multiple Choice Question Topic: Individual's economic problem