Draw and carefully label both original and new budget lines

Reference no: EM131181896

Next, suppose that Monifa's income stays at $100, but the price of concert tickets drops from $20 to $12.50 each.

a. Draw and carefully label both her original and her new budget lines.

b. Can she afford 2 movie tickets and 6 concert tickets after the price drop?

Reference no: EM131181896

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