Sarah has $100 to spend each month on bread and chicken. Suppose the price of bread is $4 a loaf, and the price of chicken is $5 per pound. Draw her
Sarah has $100 to spend each month on bread and chicken. Suppose the price of bread is $4 a loaf, and the price of chicken is $5 per pound. Draw her budget constraint and label it BC0. Put bread on the horizontal axis and chicken on the vertical axis. Be