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Shifts in a budget constraint 2. Shifts in a budget constraint Tyrone brings $100 to his local college hockey game in order to purchase lemonades

Shifts in a budget constraint

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2. Shifts in a budget constraint Tyrone brings $100 to his local college hockey game in order to purchase lemonades and peanuts. The following diagram presents his budget constraint: (? 50 45 BC 40 35 30 BAGS OF PEANUTS 8 BC 12 16 20 24 28 32 36 40 LEMONADES According to the diagram, lemonades cost $ each, and peanuts costs $ per bag. Adjust the diagram to show how Tyrone's budget constraint would change if he had brought less money to the arena. (Assume the prices of lemonades and peanuts remain the same.) Note: Select either end of the curve on the graph to make the endpoints appear. Then drag one or both endpoints to the desired position. Points will snap into position, so if you try to move a point and it snaps back to its original position, just drag it a little farther

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