Budget Constraints
Budget Constraints:
a. Assume that your income is $250. You can either pizzas or tanks full of gasoline. Each pizza will cost you $10 and it will cost you $25 to fill your tank with gasoline. Complete the table.
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Order Paper Nowb. Assume your income falls to $200. The price of gasoline and pizza does not change. Complete the table.
c. Assume that your income is still $200. The price of a tankful of gasoline falls to $20 but the price of pizza does not change. Complete the table.
d. On the following page, graph all three of these scenarios. You may graph all of these using the same graph.
