Aidan has saved up $80 to spend on toys (T) and candy (C). The price of toys is $20, and the price of candy is $1. Every time Aidan buys (and pays for) 2 toys, he gets one more toy for free. Draw Aidan’s budget line with candy on the Y-axis and toys on the X-axis. Label all intercepts and possible kink points. please hand draw graph and label
Aidan has saved up $80 to spend on toys (T) and candy (C). The price of toys is $20, and the price of candy is $1. Every time Aidan buys (and pays for) 2 toys, he gets one more toy for free. Draw Aidan’s budget line with candy on the Y-axis and toys on the X-axis. Label all intercepts and possible kink points. please hand draw graph and label
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Aidan has saved up $80 to spend on toys (T) and candy (C). The
$20, and the price of candy is $1. Every time Aidan buys (and pays for) 2 toys, he gets one
more toy for free. Draw Aidan’s budget line with candy on the Y-axis and toys on the X-axis.
Label all intercepts and possible kink points.
please hand draw graph and label
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