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Roger has $12.00 a week to spend on chewing gum and mints. The price of a pack of gum is $2.00, the price of
Roger has $12.00 a week to spend on chewing gum and mints. The price of a pack of gum is $2.00, the price of a box of mints is $1.00. Suppose the price of a box of mints remains at $1.00 but the price of a pack of gum rises to $3.00. Draw Roger's budget line after the price rise. Label it. If Roger buys 6 boxes of mints, what is the maximum number of packs of gum he can buy after the price of a pack of gum rises to $3.00? Roger can buy packs of gum a week. Has the relative price of a pack of gum changed? The new relative price of a pack of gum is >>> Answer to 1 decimal place. When the price of a pack of gum rises to $3.00, the relative price of a box of mints increases. OA. increases OB. decreases OC. does not change
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