hp?id 6948398 Jumpto ⑦ JacquelynSa cher . ge-ECON 2301 . Pri ciples of Macroeconomics . Sprng1.9...
ent Score: 0% Resources Hint Check Answer of 16 > Mauricio has a circus act that involves monkeys on unicycles. Mauricio has a fixed amount to spend on unicycles and monkeys. The graph shows Mauricio's initial budget constraint. The price per unicycle is $120 and per monkey is $90. Using the graph, show what happens to Mauricio's budget line when the price of unicycles increases to $180. What is Mauricio's budget for monkeys and unicycles? Quantity of unicycles Mauricio's budget:...
Mauricio has a circus act that involves monkeys on unicycles. Mauricio has a fixed amount to spend on unicycles and monkeys. The graph shows Mauricio's initial budget constraint. The price per unicycle is $180 and per monkey is $135 Using the graph, show what happens to Mauricio's budget line when the price of unicycles increases to $270. Then, answer the question. 10 9 8 7 6 y of unicycles 5 4 Badget line 2 0 9 10 6 7 8...