Is antonio worse or better after the price change

Reference no: EM13208268

Antonio buys five new college textbook during his first year at school at a cost of $80 each used books cost only $50 each. When the bookstore announces that there wukk be a 10 % increase in the price of new books and a 5% increase in the price of used books, Antonio's father offers him 40 extra.
A what heppend to Anotonio's budget line? illustrate the change with new books on the vertical axis.
Is Antonio worse or better after the price change? Explain

Reference no: EM13208268

Questions Cloud

National basketball association : An inner-city youth spends many hours in the neighborhood playground shooting baskets on the basketball court and engaging in every game that he can play. His skills become outstanding, and he receives a college scholarship and then signs a lucrative..

Explain what is the wavelength of maximum absorbance : There is a peak in the middle of the graph with 0.40 for absorbance and 525 for wavelength. What is the wavelength of maximum absorbance?

Determine at what price level the total revenue be maximum : The weekly demand and supply functions for seats on flights between Syracuse and Boston have been estimated as follows: Qd = 1600 - 2.5 Price + .040 Income - 4 Weather + 1.20 Pa ( where Pa is the price of alternative means of travel )

Define why dont we use tap water tp dissolve the oxalic acid : Tap water contains calcium ions. Why dont we use tap water tp dissolve the oxalic acid? Show a chemical equation to ilustate your answer.

Is antonio worse or better after the price change : Antonio buys five new college textbook during his first year at school at a cost of $80 each used books cost only $50 each. When the bookstore announces that there wukk be a 10 % increase in the price of new books.

Compute the concentration of a standard solution : how to calculate the concentration of a standard solution and the concentration of KMnO4 the mass of sodium oxalate used was 0.8367g and then it was diluted down with 50ml water, and 20ml H2SO4 then 25 ml of that solution

Which value of border-collapse will give each cell : Which value of border-collapse will give each cell of a table a border that can be specified independently of adjacent cells?

How the airline will reduce the price of her tickects : Anne has a job that requires her to travel three out of every four weeks. She has an annual travel budget and can travel either by train or by plane. The airline on which she typically flies das a frequent-travel program that reduces the cose of h..

Design a program that ask for the price of each item : Design a program that ask for the price of each item, and then displays the subtotal of the sale, the amount of sales tax and the total. Assume the sales tax is 6 percent. Need help with this question.

User Account

All Pages