On the graph below, draw a budget line for each case. (a) p1 = 1, p2 =
Question:
(a) p1 = 1, p2 = 1, m = 15. (Use blue ink.)
(b) p1 = 1, p2 = 2, m = 20. (Use red ink.)
(c) p1 = 0, p2 = 1, m = 10. (Use black ink.)
(d) p1 = p2, m = 15p1. (Use pencil or black ink.?)
(e) p1 = p2, m = 15p1.
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