Question

4. Rudra has a monthly income of Rs. 200 that he allocates between two goods:
orange and apple.
a) Suppose orange costs Rs. 40/kg and apple Rs. 50/kg. Draw his
budget constraint.
b) Suppose his income increases by Rs.50/-, drawing an impact on
budget constraint.​

Answer 1

Answer:

200 that he allocates between two goods: orange and apple. a) Suppose orange costs Rs. 40/kg and apple Rs. 50/kg. Draw ...

Missing: Supp ‎| Must include: Supp