Draw a kinky budget based on the two situations below. Label bread as point A and juice
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Question:
Draw a kinky budget based on the two situations below. Label bread as point A and juice as point B. the combination of two goods label them as point C.
Income = $240 ; Price of juice =$8 ; Price of bread =$16
1). 1st eight bread is 50% off
2). 50% is applied after the 1st eight bread.
Direction: Draw the graph showing income that arises from endowments. Label bread as point a and juice as point B. the combination of two goods label them as point C.
On the way back to the store she lost the receipt, and the store policy is only 50% of the total amount is refundable either for bread or juice. One of the store promos is that all juices is 50% off.
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