Describe the budget constraint which she faces when deciding

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Q. If Michelle produced 200 potatoes also 50 chicken also James produced 80 potatoes also 40 chickens in a yr which person has an absolute advantage in which activities?

Q. Priety usually buys a soft drink when she goes to picture theater, where she has a choice of 3 sizes: 200ml drink cost rupees 6, 300 7 rs also 400 ml 8 rupees. Describe the budget constraint which she faces when deciding how many drinks to buy(assume that Priety can costless dispose any soft drink that she does not want)

Reference no: EM1344227

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