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Short answer questions. 18. The supply function for burgers is Q = 10 + 15p - 0.2pg where p is the price of the burgers

Short answer questions.

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18. The supply function for burgers is Q = 10 + 15p - 0.2pg where p is the price of the burgers and PB is the price of buns. If the price of buns increases, does the market equilibrium price of burgers go up or down?19. Given the budget constraint Y = 2q1 + 8q2. What is the marginal rate of transformation (MRT)? Use the equation MRT = dq1 dqz20. Given the figure below, does a quota of 8 on q, make this consumer worse off? 91 12 T 15 42

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