Amount of coke that can be purchased after fall in price = 48/4.8 = 10.
Nathan has $48.00 with which to spend on Mountain Dew and Coke. The price of a...
Mattie has $24.00 with which to spend on Mountain Dew and Coke. The price of a 12-pack of Coke is $3.00, the price of a 12-pack of Mountain Dew is $4.80, and Mattie's initial budget constraint (Budget Constraintj) is illustrated in the figure to the right. 32 30 28 26 n 24 Now, suppose Mattie's income increases to $48.00 Use the line drawing tool to graph Mattie's new budget constraint. Label this line Budget Constraint2'. 20 18 Carefully follow the...