Question

Jim grows peppers and tulips in his garden. The given indifference curves represent Jim's preferences over peppers and tulips. Jim has $120 of income to spend on planting his garden. The price of a pepper plant $4 and the price of a bag of tulip bulbs is $6. Use the line drawing tool to draw Jim's budget constraint and label it BC. Then use the double drop line to identify the number of bags of tulip and pepper plants Jim will plant in his garden. Label this Optimal Bundle. Coordinates: (23.00, 6.00) n 40 35 a 30 25 20 15 Optimal Bundle BC 10 U2 U2 Unselected V Snapping 05 10 15 20 25 30 35 40 Bags of Tulip Bulbs