The budget of a consumer is 200 TL. She consumes Goods X and Y. The price of Good X is 5 TL while the price of Good Y is 10 TL. Which of the following is the consumer's budget constraint? O a. X = 20-Y O b. 10 X +5 Y = 100 Oc. X+Y =200 O d. X = 25 Y+ 100 O e. Y = 20 - V2 X

The budget of a consumer is 200 TL. She consumes Goods X and Y. The price of Good X is 5 TL while the price of Good Y is 10 TL. Which of the following is the consumer's budget constraint? O a. X = 20-Y O b. 10 X +5 Y = 100 Oc. X+Y =200 O d. X = 25 Y+ 100 O e. Y = 20 - V2 X

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

omics for Planners
The budget of a consumer is 200 TL. She consumes Goods X and Y. The price of Good X is 5 TL while the price of Good Y is 10 TL. Which of the
following is the consumer's budget constraint?
n 1
ed
out of
O a. X = 20-Y
Ob. 10 X + 5 Y = 100
g question
O c. X + Y =200
O d. X = 25 Y + 100
O e. Y = 20 - 2 X
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Tube
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