intermediate econ

posted by .

You buy only apples and bananas. Your budget is such that you can purchase 3 apples and 4 bananas or 9 apples and 2 bananas. Write down the equation for the budget line with bananas on the y-axis. Is that equation unique?
I believe the answer is:
2y+9x=4y+3x yes, it is unique because the two set points will not change regardless of income

  • intermediate econ -

    Hummm.
    I think the equation is y=5-(1/3)x. Its unique because no other linear equation will hit both known possible consumption points (4,3) and (9,2)

Respond to this Question

First Name
School Subject
Your Answer

Similar Questions

  1. economic

    you buy only apples and bananas. Your budget is such that you can purchase 3 apples and 4 bananas or 9 apples and 2 bananas. Write down the equation for the budget line with bananas on the y-axis. Is that equation unique
  2. Math

    You have $5 to spendon fruit for a picnic. Apples cost $0.99 per pound and bananas cost $0.49 per pound. Write an inequality to model the amount of apples and bananas you can buy.
  3. Math

    There is a bowl of fruit on the table. There are twice as many apples as pears and one more orange than apples. Eight pieces are either oranges or bananas. There are 3 bananas. How many pears are there in the bowl?
  4. Math

    A local animal shelter houses only cats and dogs. This week of all the baby animals, there are 16 kittens and 7 puppies. What is the ratio of kittens to all the baby animals?
  5. Math

    If a bag contains 12 apples, 4 bananas, and 8 oranges, what is the part to whole ratio of bananas?
  6. math

    Flery has some apples and bananas. The ratio of the apples to the bananas is 2:5. She used 1/4 of the apples to make an apple pie. What is the ratio of the apples to the bananas?
  7. Math

    Flery has some apples and bananas. The ratio of the apples to the banaas is 2:5. She used 1/4 of the apples to make an apple pie. What is the new ratio of the apples to the bananas?
  8. Econ

    Washington's Production Possibilities Table (in tons) Product: A B C D E F Apples: 40 32 24 16 8 0 Bananas: 0 4 8 12 16 20 Oregon's Prudction Possibilities Table (in tons) Product: A B C D E F Apples: 75 60 45 30 15 0 Bananas: 0 5 …
  9. Maths

    Fifty people said they liked apples or bananas or both. Forty percent of people like apples and 70% of the people like bananas. What percentage of people like only apples?
  10. Math

    Sarah bought bananas,apples and pears.the ratio of bananas to apples was 3 to 5 and the ratio of the apples to pears was 2 to 1.she bought 10 apples.how many pears did she buy?

More Similar Questions