Answer:
consume 8 units of A and 12 units of B
Explanation:
given data
prices of A = $1.50
prices of B = $1
Budget constraint = $24
consider data indifference curve
unit A unit B
16 6
12 8
8 12
4 24
solution
As graph, Mr. Chen will buy 8A and 12 B goods.
so Budget constraint is here express as
24 = 8 × $1.50 + 12 × 1.00
so here
MRS = 
rule of equilibrium
so here MRS is
MRS = 
= 
= 
MRS = =
It is dangerous because the bus could brake the things could get stuck and the bus is to big
Answer:
b. your demand for peanut butter increases today.
Explanation:
If the price of a commodity would increase at a later date, consumers would increase demand for the good today. Consumers would be willing to buy as much as they can at the lower price. This would shift the demand curve to the right.
