Economics: The Basics 1st Edition by Mike Mandel

تمرين 3

You have $10 to spend on desserts for a week. You need to split it between cookies, which are $1 each, and ice cream cones, which are $2 each.
a) What is the maximum number of ice cream cones you can buy in a week?
b) If you buy four cookies, how many ice cream cones can you buy?
c) Suppose the price of ice cream cones drops to $1. Write down all the combinations of cookies and cones that now meet your budget constraint.