I want the solution on paper if possible 1.1 Sketch the following budget constraints:PxS 100PyIncomeS 25S 5,000.00a.b.2001255,000.00504002,000.00d.4016800.003212.00f.0.1250.753.000.750.1253.00

Answered: 1.1 Sketch the following budget…

1.1 Sketch the following budget constraints: Px Py Income S 100 S 25 S5,000.00 a. b. 200 125 5,000.00 50 400 2,000.00 C. d. 40 16 800.00 3 2 12.00 f. 0.125 0.75 0.75 3.00 0.125 3,00

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

I want the solution on paper if possible

1.1 Sketch the following budget constraints:
Px
S 100
Py
Income
S 25
S 5,000.00
a.
b.
200
125
5,000.00
50
400
2,000.00
d.
40
16
800.00
3
2
12.00
f.
0.125
0.75
3.00
0.75
0.125
3.00

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