Question: Do E an F Please Question 3 Tyra is purchasing clothes before the start of the new school year. Shirts, s, and pants, p, both

Do E an F Please

Do E an F Please Question 3 Tyra is purchasing

Question 3 Tyra is purchasing clothes before the start of the new school year. Shirts, s, and pants, p, both cost $40, and she has $240 to spend in total. transformation between shirts and pants? e) Draw Tyra's complete budget set when the packaged deal is offered. What are the slopes of each part of the budget line? How does it compare to the original budget set from part (a)? Is the new budget set convex? f) Suppose that Tyra prefers to always have exactly three times as many shirts in her closet as she has pants. Write down a utility function that describes these preferences. How many shirts and pants will she purchase

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