Business
Business, 30.09.2019 22:10, brainy51

Brenda wants to buy a new car and has a budget of $ 25 comma 000. she has just found a magazine that assigns each car an index for styling and an index for gas mileage. each index runs from 1 to 10, with 10 representing either the most styling or best gas mileage. while looking at the list of cars, brenda observes that on average, as the style index increases by one unit, the price of the car increases by $ 10 comma 000. she also observed that as the gas-mileage index rises by one unit, the price of the car increases by $ 6 comma 250. illustrate the various combinations of style (s) and gas mileage (g) that brenda could select with her $ 25 comma 000 budget. using the line drawing tool, illustrate brenda's budget line. label this line 'budget line'. carefully follow the instructions above, and only draw the required object. suppose brenda's preferences are such that she always receives five times as much satisfaction from an extra unit of styling as she does from gas mileage. what type of car will brenda choose?

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Brenda wants to buy a new car and has a budget of $ 25 comma 000. she has just found a magazine that...

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