According to the diagram, cheeseburgers cost s each, and seltzer costs s per can. Adjust the diagram to show how Jonathan's budget constraint would change if he had brought less money to the arena. (Assume the prices of cheeseburgers and seltzer remain the same.)
According to the diagram, cheeseburgers cost s each, and seltzer costs s per can. Adjust the diagram to show how Jonathan's budget constraint would change if he had brought less money to the arena. (Assume the prices of cheeseburgers and seltzer remain the same.)
Chapter1: Making Economics Decisions
Section: Chapter Questions
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![Chapt 22 Homework
2. Shifts in a budget constraint
Jonathan brings $40 to his local college volleyball game in order to purchase cheeseburgers and seltzer. The following diagram presents his budget
constraint:
CANS OF SELTZER
20
18
16
14
12
10
B
6
4
2
0
0
2
4
6
BC
0 10 12
CHEESEBURGERS
14
According to the diagram, cheeseburgers cost s
16
18 20
BC
each, and seltzer costs s
per can.
Adjust the diagram to show how Jonathan's budget constraint would change if he had brought less money to the arena. (Assume the prices of
cheeseburgers and seltzer remain the same.)
Note: Select either end of the curve on the graph to make the endpoints appear. Then drag one or both endpoints to the desired position. Points will](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F82c7cb87-e120-4216-b688-69f4d84abf0c%2F4bf25b61-3b65-466f-82a0-e84384017bd1%2Fk49aw8a_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Chapt 22 Homework
2. Shifts in a budget constraint
Jonathan brings $40 to his local college volleyball game in order to purchase cheeseburgers and seltzer. The following diagram presents his budget
constraint:
CANS OF SELTZER
20
18
16
14
12
10
B
6
4
2
0
0
2
4
6
BC
0 10 12
CHEESEBURGERS
14
According to the diagram, cheeseburgers cost s
16
18 20
BC
each, and seltzer costs s
per can.
Adjust the diagram to show how Jonathan's budget constraint would change if he had brought less money to the arena. (Assume the prices of
cheeseburgers and seltzer remain the same.)
Note: Select either end of the curve on the graph to make the endpoints appear. Then drag one or both endpoints to the desired position. Points will
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