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quinnmal023
17.02.2020 •
Business
Suppose Shane has a budget of $48 that he spends on movies (Q1) and roller skating (Q2). The price of movie tickets recently increased form $9 per person to $12 per person, and the price of roller skating decreased from $5 to $4 per person. What is Shane's new budget constraint?
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Ответ:
$12 Q1 + $4 Q2 = $48
Explanation:
given data
budget = $48
movie tickets Q1 increased = $9 to $12 per person
skating Q2 decreased = $5 to $4 per person
solution
When the price of movie = $9
than price of roller skating is $5
so budget constraint will be as
$9 Q1 + $5 Q2 = $48
and when price change in increase in Q1 and decrease in Q2
so new budget constraint will be here
$12 Q1 + $4 Q2 = $48
Ответ:
ok
Explanation: