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The subject is intermediate microeconomics. Picabo, an aggressive skier, spends her entire income on skis and bindings. Suppose Picabo has $7,200 to spend on skis

The subject is intermediate microeconomics.

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Picabo, an aggressive skier, spends her entire income on skis and bindings. Suppose Picabo has $7,200 to spend on skis and bindings each year. Find her best affordable bundle of skis and bindings on the basis that [a] she wears out one pair of skis for every pair of bindings she wears out, and {b} she wears out two pairs of skis for every one pair of bindings. Skis are $960fpr and bindings are $480pr a. |:| pairs of bindings and pairs ofskis Instructions: Round your answer to 1 decimal place. b. pairs of bindings and pairs of skis

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