February 27, 2017

Homework Help: Math

Posted by Dennis on Saturday, February 10, 2007 at 3:38pm.

Suppose income = $100, PX = $2.00 if the consumer buys less than 20 units of X, PX = $4.00 if the consumer buys more than 20 units of X. With income or composite good Y on the Y-axis, draw the budget constraint. Label ALL intercepts.

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