Assume that there are two goods A and B. If Y = 210, PA= 9, PB= 3. then Draw the graph showing bundles on the budget line, Choose two correct bundles and mark the same on the graph. A = 10 & B = 40 ii. A = 15 & B = 20 iii. A = 10 & B = 35 iv. A = 15 & B = 25 Show the effect on opportunity set if the price of of product B changes to PB= 5

ENGR.ECONOMIC ANALYSIS
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Chapter1: Making Economics Decisions
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Assume that there are two goods A and B. If Y = 210, PA9PB3. then

Draw the graph showing bundles on the budget line,

Choose two correct bundles and mark the same on the graph.

A = 10 & B = 40 ii. A = 15 & B = 20 iii. A = 10 & B = 35 iv. A = 15 & B = 25

Show the effect on opportunity set if the price of of product B changes to PB5

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