Cindy loses her math tutoring job and the amount she has to spend on golf and tennis
Question:
Cindy loses her math tutoring job and the amount she has to spend on golf and tennis falls from $70 to $35 a month. With the price of an hour of golf at $10 and of tennis at $5, calculate the change in the hours she spends playing golf.
For Cindy, is golf a normal good or an inferior good? Is tennis a normal good or an inferior good?
Make a table that shows Cindy’s affordable combinations of hours playing golf and tennis. If Cindy increases her expenditure to $100, describe how her consumption possibilities change.
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