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Willa is planning a birthday party and has to spend money on balloons and streamers. The price of a balloon is $0.50, and the marginal rate of transformation of streamers for balloons is 3 (????? = 3). Her budget line for balloons and streamers is shown in the figure below. What is her budget? See attached the graph:

Balloons 30 Streamers

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Answer #1

X intercept = budget/price of streamers

30 = budget/0.5

Budget= 30*0.5= 15

Willa's budget is 15

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