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NAME (b)If he accepts 15 sacks of garbage, how many video cassettes can he 5 (c)Write down an equation for his budget line. 6C-2G=0 (d) Draw Edmund's budget line and shade in his budget set 5 Video cassettes 2.8(0) If you think Edmund is odd, consider his brother Emmett Emmett consumes speeches by politicians and university administrators He is paid SI per hour for listening to politicians and $2 per hour fo listening to university administrators. (Emmett is in great demand to help fill empty chairs at public lectures because of his distinguished appearance and his ability to refrain from making rude noises )Emmett consumes one good for which he must pay. We have agreed not to disclose what that good is, but we can tell you that it costs $15 per unit and we shall call it Good X. In addition to what he is paid for consuming speeches Emmett receives a pension of $50 per week Administrator speeches Politician speechesNAME 11 (b) If he accepts 15 sacks of garbage, how many video cassettes can he buy? 5. (c) Write down an equation for his budget line. 6C − 2G = 0. (d) Draw Edmund’s budget line and shade in his budget set. 0 5 10 15 20 5 10 15 Video cassettes Garbage 20 Budget Line Budget Set ￾￾￾￾￾￾￾￾￾ 2.8 (0) If you think Edmund is odd, consider his brother Emmett. Emmett consumes speeches by politicians and university administrators. He is paid $1 per hour for listening to politicians and $2 per hour for listening to university administrators. (Emmett is in great demand to help fill empty chairs at public lectures because of his distinguished appearance and his ability to refrain from making rude noises.) Emmett consumes one good for which he must pay. We have agreed not to disclose what that good is, but we can tell you that it costs $15 per unit and we shall call it Good X. In addition to what he is paid for consuming speeches, Emmett receives a pension of $50 per week. 0 25 50 75 100 25 50 75 Politician speeches Administrator speeches 100
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