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Q1.1 Jake has an income of $500 per month. He has recently adopted a dog, Wellington, from the North Shore Animal Shelter. Wellington is a
Q1.1
Jake has an income of $500 per month. He has recently adopted a dog, Wellington, from the North Shore Animal Shelter. Wellington is a friendly dog, but he can't seem to break his habit of jumping on people. Hoping it will help, every month Jake buys 4 obedience lessons for Wellington at a price of $25 per lesson. Graph the tradeoff that Jake faces between obedience lessons and other goods. Mark the bundle that corresponds with Jake's choice of 4 lessons.
other goods $ 600 $50 500 450 400 350 300 250 200 1 50 100 50 O 0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 number of lessonsStep by Step Solution
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