Suppose that the price of commodity Y is $ 20 per unit while the price of commodity X is $ 15  per unit and suppose that an individual’s money income is $ 100 per period and is all spent on X & Y.  i. Draw the budget constraint line for this consumer at the initial point. ​​

Micro Economics For Today
10th Edition
ISBN:9781337613064
Author:Tucker, Irvin B.
Publisher:Tucker, Irvin B.
Chapter6: Consumer Choice Theory
Section: Chapter Questions
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Suppose that the price of commodity Y is $ 20 per unit while the price of commodity X is $ 15 

per unit and suppose that an individual’s money income is $ 100 per period and is all spent on X & Y. 

i. Draw the budget constraint line for this consumer at the initial point. ​​

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