A consumer has income of $3000. Wine costs $3 a glass and cheese costs $6 a kilogram.

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A consumer has income of $3000. Wine costs $3 a glass and cheese costs $6 a kilogram. Draw the consumer’s budget constraint with wine on the vertical axis. What is the slope of this budget constraint?

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Advanced Macroeconomics

ISBN: 9780415205504

3rd Edition

Authors: David Romer

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Question Posted: Nov 14, 2024 05:01 AM

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A consumer has income of $3000. Wine costs $3 a glass and cheese costs $6 a kilogram.

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Advanced Macroeconomics

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