Question: 10 Mauricio has a circus act that involves monkeys on unicycles. Mauricio has a fixed amount to spend on unicycles and monkeys. The graph shows
10 Mauricio has a circus act that involves monkeys on unicycles. Mauricio has a fixed amount to spend on unicycles and monkeys. The graph shows Mauricio's initial budget constraint. The price per unicycle is $120 and per monkey is $90. Using the graph, show what happens to Mauricio's budget line when the price of unicycles increases to $180, 8 What is Mauricio's budget for monkeys and unicycles? Quantity of unicycles Budget line 3 Mauricio's budget: 2 1 3 4 5 Quantity of monkeys
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