Braden has $20 to spend on video game rentals (R), priced at $4 per game, and...
Braden has $20 to spend on video game rentals (R), priced at $4 per game, and candy bars (C), priced at $1 each.
The equation of Brandon’s budget constraint (if R is on the X axis) is:
| a. |
C = 20 – 0.25R |
|
| b. |
C = 5 – 0.25R |
|
| c. |
C = 20 – 4R |
|
| d. |
C = 5 – 4R |
Homework Answers
Budget constraint : Pr*R + Pc*C = M
4R + C = 20
C = 20 - 4R
Option c is correct
Add Answer to:
Braden has $20 to spend on video game rentals (R), priced at $4
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