How does her opportunity set? change

Reference no: EM133707383

Question: ?Initially, a consumer chooses between water and a composite of other goods. Given her budget and current? prices, Manaswini can afford 60 thousand gallons of water a month if she buys nothing else. If she does not purchase? water, she can afford 600 units of all other goods. The government begins to ration? water, setting a quota of 30 thousand gallons of water a month that a consumer may purchase. How does? Manaswini's budget line? change? How does her opportunity set? change?

Reference no: EM133707383

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