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Suppose that good x costs $2 per unit for the first 10 units; however, if you buy more than 10 units, the price falls to

Suppose that goodxcosts $2 per unit for the first 10 units; however, if you buy more than 10 units, the price falls to $1.50 for all the units ofxyou buy.Goodycosts $1 per unit.The budget line, drawn with the price ofxon the horizontal axis,

Question 10 options:

a)

has a kink at (10,76) and is flatter to the left of the kink

b)

has a kink at (10,76) and is steeper to the left of the kink

c)

has a kink at (10,0) and is steeper to the left of the kink

d)

has a kink at (10,0) and is flatter to the left of the kink

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