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Given, Income = $5,000, Price of Y = $100, from the figure below: 40 Answer the following questions: 1. Y-INTERCEPT = (x1, ya
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oso LM) Income = $5000 - Pecice of y = Py = $100 L let Pecice q r = px Budget cine tquation : beixt Py. yamProxet py.ys 5000 Preise + 100 y y = 5000 a y Intercept Aut y Intercept, I } fx (0) + rooy = 5000 ot foo y = 50 500 certxo y| Datei Page RANKA d After putting value of Budget line we get, the Budget line Pix in equation Peixe & Py. y = im 1125x + lo

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