Here's the question you clicked on:

55 members online
  • 0 replying
  • 0 viewing


  • 3 years ago

Sandra uses two mobile cell phones( a digicel and a lime phone), to make her monthly calls. Sandra budget only $7000 on telephone calls per month and the cost per minute for digicel and lime are $5.00 and $7.00 respectively. a. Write down the algebraic equation for Sandra's budget constraint. b. Graph then Sandra's budget constraint. ( the budget constraint intercepts should be shown clearly on the graph) c. How will an increase in the cost per minute for digicel call affect the budget line's y_intercept, x-intercept and the slope?

  • This Question is Closed

    Not the answer you are looking for?
    Search for more explanations.

    • Attachments:

Ask your own question

Sign Up
Find more explanations on OpenStudy
Privacy Policy