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Draw jamal budget constraint

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Reference no: EM132219639

Suppose Jamal has a monthly income of $100. He consumes two commodities, Coke and chips. The price of Coke is $4 per can for the first 20 cans purchased, and then drops to $2 for cans purchased over 20. The price of chips is $3 per bag for the first 10 bags, and then drops to $1 for bags purchased over 10. Draw Jamal's budget constraint on a graph with Coke on the horizontal axis and chips on the vertical axis.

Reference no: EM132219639

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