1. Sarah is planning a birthday party and has $I to spend on balloons and party favors. The price of each party favor is $3. Her budget line for balloons and party favors is shown in the figure below. The MRT "of party favors for balloons" is 4. What is her budget, I? a. b. C. d. e. $600 $240 $200 $150 $100 Balloons 200 Party Favors

1. Sarah is planning a birthday party and has $I to spend on balloons and party favors. The price of each party favor is $3. Her budget line for balloons and party favors is shown in the figure below. The MRT "of party favors for balloons" is 4. What is her budget, I? a. b. C. d. e. $600 $240 $200 $150 $100 Balloons 200 Party Favors

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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