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Jake brings $100 to a baseball game to spend on hot dogs and beer. The following diagram shows his budget constraint: 50 BC 40 GLASSES

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Jake brings $100 to a baseball game to spend on hot dogs and beer. The following diagram shows his budget constraint: 50 BC 40 GLASSES OF BEER 15 5 BC 0 20 32 36 40 16 24 HOT DOGS According to the diagram, hot dogs costs each, and beer costs per glass Adjust the diagram to show how Jake's budget constraint would change the price of hot dogs increased. (Assume the price of beer and Jake's income remain the same.) Note: Select either end of the curve on the graph to make the endpoints appear. Then drag one or both endpoints the desired position. Points will BC 8 GLASSES OF BEER 95 BC . 12 40 10 HOT DOGS According to the diagram, hot dogs cost each, and beer costs per glass. Adjust the diagram to show how les budget constraint would change the price of hot dogs created. (Assume the price of beer and Jaket income remain the same Note: Select the end of the curve on the graph to make the endpoints appear. Then dragone or both endpoints to the desired position. Points will hap into position, so if you try to move point and it shaps back to its original position, just drag it a little farther

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