Mega Partner is selling two products Marker(m) and Eraser(e) and their budget is given with the following equation: 15Qe+ 30Qm= 3000. Now answer the following questions. I. Draw the budget line for Mega Partner II. What would be the highest amount spend on Marker with the existing budget III. If Total budget increases to 4500 what would be the new budget line (use diagram)

Mega Partner is selling two products Marker(m) and Eraser(e) and their budget is given with the following equation: 15Qe+ 30Qm= 3000. Now answer the following questions. I. Draw the budget line for Mega Partner II. What would be the highest amount spend on Marker with the existing budget III. If Total budget increases to 4500 what would be the new budget line (use diagram)

Micro Economics For Today

10th Edition

ISBN:9781337613064

Author:Tucker, Irvin B.

Publisher:Tucker, Irvin B.

Chapter6: Consumer Choice Theory

Section: Chapter Questions

Problem 3SQP

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