Your budget constraint for the two goods A and B is 12A + 4B = I, where I is your income.You are currently consuming more than 27 units of B.In order to get 3 more units of A, how many units of B would you have to give up?

A) 0.33
B) 0.11
C) 3
D) 9
E) None of the above.

Budget Constraint

The limitations on the consumption bundles that a consumer can afford based on their income and the prices of goods and services.

Units Of B

A measurement term referring to the quantity of substance B, often used in contexts where B represents a specific variable or entity.

Units Of A

A measure of quantity for a specific or undefined item, referred to as 'A'.