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Llanis Llanis
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7 years ago
Joe's income is $500, the price of food (F) is $2 per unit, and the price of shelter (S) is $100. Which of the following represents his budget constraint?
A) 500 = 2F + 100S
B) F = 250 - 50S
C) S = 5 - .02F
D) All of the above.
Textbook 
Microeconomics

Microeconomics


Edition: 6th
Author:
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TecShdwTecShdw
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7 years ago
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Llanis Author
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7 years ago
Helped a lot
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Smart ... Thanks!
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Thank you, thank you, thank you!
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