Todahl6618 Todahl6618
  • 24-05-2023
  • Business
contestada

Suppose that the price of good X is $10, the price of good Y is $20, and our income is $100.
a. What is the maximum amount of good X you can buy? What about good Y?
b. Write down your budget constraint and solve it for Y.
c. Sketch a graph of your budget constraint.

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