intermediate econ
posted by Teri .
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 yaxis. 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

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
Similar Questions

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 yaxis. Is that equation unique 
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. 
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? 
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? 
Math
If a bag contains 12 apples, 4 bananas, and 8 oranges, what is the part to whole ratio of bananas? 
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? 
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? 
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 … 
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? 
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?