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Mauricio has a circus act that involves monkeys on unicycles. Mauricio has a fixed amount to spend on unicycles and monkeys. The graph shows Mauricio's
Mauricio has a circus act that involves monkeys on unicycles. Mauricio has a fixed amount to spend on unicycles and monkeys. The graph shows Mauricio's initial budget constraint. The price per unicycle is $120 and per monkey is $90.. Using the graph, show what happens to Mauricio's budget line when the price of unicycles increases to$180.
What is Mauricio's budget for monkeys andunicycles?
Mauricio's budget: $$
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