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The Consumers Budget Lines: Suppose you won $36 on a Lotto Canada ticket at the local 7-Eleven and decide to spend all the winnings on
The Consumers Budget Lines: Suppose you won $36 on a Lotto Canada ticket at the local 7-Eleven and decide to spend all the winnings on candy bars and bags of peanuts. The price of candy bars is $3.00 and the price of peanuts is $6.00
a.Calculate 6 combinations of candies and peanuts you many purchase with $36 and construct a table as shown below showing the alternative combination of the two products that are available, i.e. the trade-offs. Check to make sure you send $36 in each combination.
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