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Suppose that Olivia has $29 per week to spend on snacksOreo cookies and KitKat chocolate bars. A box of Oreo cookies costs $3.5. A KitKat

Suppose that Olivia has $29 per week to spend on snacksOreo cookies and KitKat chocolate bars.

A box of Oreo cookies costs $3.5.

A KitKat chocolate bar costs $3.0.

Total Utility Table for Oreo cookies and KitKat chocolate bars as below.

Count Oreo Cookies KitKat Chocolate Bars
1 59 43
2 106 75
3 135 98
4 149 117
5 162 129
6 164 139
7 164 147

Question 1

Graph the Budget Constraint with Oreo cookies on the horizontal axis and KitKat chocolate bars on the vertical axis. Demonstrate the Budget Constraint as an equation.

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