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with the given Vatican of P1 P2 and and calculate the optimal values of X:and X2 NAME (b) What is the ratio of the price

with the given Vatican of P1 P2 and and calculate the optimal values of X:and X2
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NAME (b) What is the ratio of the price of r to the price of y? 1/2 (c) If you spent all of your income on r, how much + could you buy? 16. (d) If you spent all of your income on y, how much y could you buy? 8 (e) Write a budget equation that gives you this budget line, where the price of z is 1, x+2y 16. (f) Write another budget equation that gives you the same budget line, but where the price of z is 3. 3x 6y- 48 2.4 (1) Murphy was consuming 100 units of X and 50 units of Y. The price of X rose from 2 to 3. The price of Y remained at 4. (a) How much would Murphy's income have to rise so that he can still exactly afford 100 units of X and 50 units of Y? $100. 2.5 (1) If Amy spent her entire allowance, she could afford s candy bars and 8 comic books a week. She could also just afford 10 candy bars and 4 comie books a week. The price of a candy bar is 50 cents. Draw her budget line in the box below. What is Amy's weekdly allowance? $6

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