Bruno can spend his income on two different goods: Beyonc CDs and notebooks for his class notes.
Question:
a. CDs cost $10 each, and notebooks cost $2 each. Bruno has income of $60. He is considering a consumption bundle containing 3 CDs and 15 notebooks.
b. CDs cost $10 each, and notebooks cost $5 each. Bruno has income of $110. He is considering a consumption bundle containing 3 CDs and 10 notebooks.
c. CDs cost $20 each, and notebooks cost $10 each. Bruno has income of $50. He is considering a consumption bundle containing 2 CDs and 2 notebooks.
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