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(b)What is the ratio of the price of x to the price of y? 1/2 (c) If you spent all of your income on a, how much a could you buy? 16 (d)If you spent all of your income on y, how mu ou bu 8 (e)Write a budget equation that gives you this budget line, where the 1.x+2y=1 I) Write another budget equation that gives you the same budget line, but where the price of r is 3. 3 +6y= 48 2.4(1) Murphy was consuming 100 units of X and 50 units of Y. The price of X rose from 2 to 3. The price of Y remained at 4 (a) How much would Murphy's income have to rise so that he can still exactly afford 100 units of X and 50 units of Y? $100 2.5(1) If Amy spent her entire allowance, she could afford 8 candy bars nd 8 comic books a week. She could also just afford 10 candy bars and 4 comic books a week. The price of a candy bar is 50 cents. Draw her budget line in the box below. What is Amy's weekly allowance? $6 Comic books 16 8 81216 Candy barsNAME 9 (b) What is the ratio of the price of x to the price of y? 1/2. (c) If you spent all of your income on x, how much x could you buy? 16. (d) If you spent all of your income on y, how much y could you buy? 8. (e) Write a budget equation that gives you this budget line, where the price of x is 1. x + 2y = 16. (f) Write another budget equation that gives you the same budget line, but where the price of x is 3. 3x + 6y = 48. 2.4 (1) Murphy was consuming 100 units of X and 50 units of Y . The price of X rose from 2 to 3. The price of Y remained at 4. (a) How much would Murphy’s income have to rise so that he can still exactly afford 100 units of X and 50 units of Y ? $100. 2.5 (1) If Amy spent her entire allowance, she could afford 8 candy bars and 8 comic books a week. She could also just afford 10 candy bars and 4 comic books a week. The price of a candy bar is 50 cents. Draw her budget line in the box below. What is Amy’s weekly allowance? $6. 0 8 16 24 32 8 16 24 Candy bars Comic books 32 12
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