10. Antonio buys five new college textbooks during his first year at school at a cost of...
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10. Antonio buys five new college textbooks during his first year at school at a cost of $80 each. Used books cost only $50 each. When the bookstore announces that there will be a 10 percent increase in the price of new books and a 5 percent increase in the price of used books, Antonio’s father offers him $40 extra.
a. What happens to Antonio’s budget line? Illustrate the change with new books on the vertical axis.
b. Is Antonio worse or better off after the price change? Explain.
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Joseph Nogueras
Greetings, I am Joseph M. Nogueras Gantu, I am 29 years old, I like to work with Computers, Programming, Graphic Design, Education, but the most I like it is to share what I know and help anyone in need.I live by Faith and Courage, I had worked with young adults while I was a Math Tutor in college, and with Teens when I was a English Tutor and also with children when I was a Volunteer, and in Churches as part of a community. It is true I do not have lots of experience but I have some and I can learn and adapt pretty fast. Communication, Collaboration and Understanding are 3 key values for a successful learning experience.
I want to show everyone how good they can become, Love is the Greatest asset and gift given us to live, so we must give Love by helping those that need it the most. As long as students are safe, knowing what it is right from wrong, with the right resources and commodities,they will be on right path, drawn for them.Thru effort and hard work and perseverance with discipline anything can be accomplished, All I want is to be able, to have the opportunity to be a better human being by helping others, especially the young who are in so much need, they are our good seeds of our future.
Be Blessed.
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