Assume the price of bread (B) is $1.25 and the price of milk (M) is $1.75 which of the following is the budget equation
A. Budget = $1.25 B +$1.75 M
B. Budget = $1.25+$1.75
C. $120 = $1.25 B +$1.75 M
D. None of the above
![Assume the price of bread B is 125 and the price of milk M is 175 which of the following is the budget equation A Budget 125 B 175 M B Budget 125175 C 120 125 B class=](https://us-static.z-dn.net/files/d5d/b7b525bdd557ddb7e625d401fd184316.png)