What is the value of the x-intercept?  What is the value of the y-intercept?  What is the slope of this budget constraint?

Q: Suppose the price of Pizza is $10 the price of cola is $1, and the consumer's income is $60. In…

A: Budget line is the feasible combination of all goods and services that can be bought given the…

Q: Question 1 Maria spends all of her income of $2,000 on food (F) and clothing (C). The prices per…

A: M  spends all her income on  food and clothing. M=$2,000PF=$5PC=$20

Q: Troy has preferences for laptops (L), and drones (D). Laptops costs $750 a unit and drones costs…

A: Laptop Cost = 750 Drones Cost = 2000 Income = 15,000

Q: A consumer earns 40 dollars of income which can be saved or spent. The graph below shows the…

A: Indifference Curve (IC) is the locus of various combination of two goods which give equal…

Q: Suppose the income for Themba is R40 per month. Themba decides to use all his income on consuming…

A: Budget line is the locus of various combination of two goods which a consumer can purchase with…

Q: 4. Indifference Curve and Budget Line (20%) Annie has an income of $160 an hour. Popcorn costs $5 a…

A: The indifference curves are the curves which shows the combinations of one or more goods which gives…

Q: Raymond consumes meatloaves and pineapples. He has decided that his monthly budget will be $1500.…

A:

Q: A consumer has income of $15,000. Masks costs $35 per mask, and sanitizers costs $70 per bottle.…

A: Hi Student, thanks for posting the question. As per the guideline we are providing answers for the…

Q: Suppose Cawlin has a budget of $90 that he spends on movies Q) and roller skating (Qal. The price of…

A: a budget constraint represents all the combinations of goods and services that a consumer may…

Q: Maria spends all of her income of $2,000 on food (F) and clothing (C). The prices per unit are: PF =…

A: Budget constraints refer to the mathematical expression that gives an overview of an individual’s…

Q: The table shows the marginal-utility schedules for goods A and B for a hypothetical consumer. The…

A: Here, it is given that a consumer spends his income in such a manner that helps in to get maximum…

Q: Maria spends all of her income of $2,000 on food (F) and clothing (C). The prices per unit are: PF =…

A: Maria spends all of her income of $2,000 on food (F) and clothing (C). The prices per unit are: PF =…

Q: Jessie has a budget of $50 and is attempting to draw her budget constraint for purchasing cookies…

A: Price of goods can be calculated by using the following formula.

Q: Anatoly's marginal utility for DVDs​ (D) is MUD= X and his marginal utility for Xbox games​ (X) is…

A: The optimization rule to maximize consumer satisfaction is

Q: Emi’s available income each week for expenditures on food (F) and clothing (C) is $40. The price of…

A: 1)Within Emis consumption possibilities 5*2=10 3*10=30 10+30=40 It would lie on her budget line.

Q: Linda loves buying shoes and going out to dance. Her utility function for pairs of shoes, S, and the…

A: a. The budget line is the graphical representation of the different combinations of the two goods…

Q: Indifference Curve and Budget Line (20%)  Annie has an income of $240 an hour. Popcorn costs $8 a…

A: * SOLUTION :-  (4)

Q: Suppose the price of a candy bar is $1.25, the price of a bag of chips is $1.75, and the budget is…

A: If price of only one good increases (decreases), budget line rotates inward (outward) along the axis…

Q: Think of a consumer who has a 200 000 euros income and can spend them on an opera, paying a price of…

A: Given, Consumer's income = 200000 Price of an opera ticket = 150 Price of a rural tour = 500

Q: Susan has the option to purchase eyeglasses, E, $3 each, and orange juice, O, $1 each. Her income is…

A: Budget line is the price line shows the various combinations of two goods that can be bought with…

Q: Question 10 If look at the indifference curves and budget constraint for two goods, X and Y, we can…

A: An indifference curve is a graphic representation of a collection of products that give consumers…

Q: A consumer has income of $15,000. Masks costs $35 per mask, and sanitizers costs $70 per bottle.…

A: Income = $15,000 Price of Mask = $35 Price of sanitizer = $70

Q: Linda loves buying shoes and going out to dance. It costs Linda $50 to buy a new pair of shoes or to…

A: The budget line is the graphical representation of all the possible combinations of two different…

Q: Ursula views one cup of frozen yogurt to be a perfect substitute for three pieces of chocolate chip…

A: An indifference curve shows various combinations of two goods that give the consumer equal utility…

Q: Denver Bluff High School has $60,000 to spend on computers and other goods so its budget equation is…

A: We are going to use utility maximisation method to answer this question.

Q: The following figure shows the indifference curves and two budget line of student Tuna whose choices…

A: In economics, the budget line represents the various combinations of two goods that a consumer can…

Q: Maria spends all of her income of $2,000 on food (F) and clothing (C). The prices per unit are: PF =…

A: Given that: Maria spends all of her income of $2,000 on food (F) and clothing (C). The prices per…

Q: Suppose a consumer has a budget for fast-food items of $60 per week and spends this money on two…

A: Budget line shows the different combinations of goods that a consumer can purchase with the given…

Q: Instructions: Move the slider at the bottom of the diagram to change the quantity consumed for all…

A: Marginal utility is the added satisfaction a consumer gets from having one more unit of a good or…

Q: Susan has the option to purchase eyeglasses, E, $3 each, and orange juice,O, $1 each. Her income is…

A: Since we only answer up to 3 sub-parts, we’ll answer the first 3. Please resubmit the question and…

Q: Kawther’s income is OMR12 a week. The price of small-sized pizza is OMR3, and the price of a fresh…

A: 1. The budget line equation is given below.

Q: A consumer who has spent all of her income on clothes and food and finds that her marginal-utility…

A: Answer: A purchasing more clothes and less food

Q: Raymond consumes meatloaves and pineapples. He has decided that his monthly budget will be $1500.…

A:

Q: budget constraint, with movies on the x-axis and yoga on the y-axis.

A: Budget constraint represents all the combination of goods baskets that a person can purchase within…

Q: Suppose the price of an M&M is $2.00, the price of Skittles is $3.00, and the budget is $24. M&Ms…

A: Budget line shows the combinations of two goods that a consumer can purchase at given market price…

Q: Suppose Cawlin has a budget of $90 that he spends on movies (Q) and roller skating (Qa. The price of…

A: The budget constraint of a consumer is the maximum amount of two goods which a consumer can buy…

Q: Suppose you have an income of $24 and the only two goods   you consume are apples (x1) and peaches…

A: Suppose We have an income of $24 and the only two goods that we consume are apples (x1) and peaches…

Q: Susan has the option to purchase eyeglasses, E, $3 each, and orange juice,O, $1 each. Her income is…

A:

Q: Riley has $6 to spend on ramen and apps for their phone. The price of a bowl of ramen is $2, and the…

A: Since we only answer up to 3 sub-parts, we’ll answer the first 3. Please resubmit the question and…

Q: The following figure shows the indifference curves and two budget line of student Tuna whose choices…

A: Since you have posted a question with multiple sub-parts, we will solve first three subparts for…

Q: Suppose Victoria has a budget of $66 that she spends on movies (Q1) and roller skating (Q:). The…

A: Budget constraint: - it is the representation of different combinations of two goods that a consumer…

Q: Hira has Rs.1200 a week to spend on yogurt and mangoes. The price of yogurt is Rs.200, and mangoes…

A: The budget line, additionally referred to as the budget constraint, exhibits all the mixtures of two…

Q: Draw a budget constraint and indifference curves for two goods-cheese and wine. Show what happens to…

A: A budget constraint shows different combinations of two goods that an individual is able to consume…

Q: Linda loves buying shoes and going out to dance.  Her utility function for pairs of shoes, S, and…

A: Utility Function: U(S,T) = 2ST Income = $500 Price of Shoes =$50 Dancing Costs =$50   Question 1:…

Q: Which combinations of burritos and sodas are unaffordable--those to the left of the line in the…

A:

Q: Picture 1 : A college student has two options for meals: eating at the dining hall for $6 per meal,…

A: The total income of that student is $60. She spends equal amount on both the goods. Thus, she will…

Q: A student has a monthly budget of $120 to spend on either burritos, which cost $6 each, or sodas,…

A: Budget line shows or exhibits the different combinations of two goods that a consumer can buy with…