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Suppose you are given the following budget constraint: Yams = -3*Xylophones + 60 a) if the price of yams is $2 each, then what must
Suppose you are given the following budget constraint:
Yams = -3*Xylophones + 60
a) if the price of yams is $2 each, then what must be the price per xylophone?
b) given the prices in part a), what is the maximum number of xylophones this consumer could purchase?
c) lastly, given the prices in part a), what must be consumer income?
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