Mathematics, 10.09.2019 05:10, helpmelol37

3. suppose that you initially have $100 to spend on books or movie tickets. the books start off costing $25 each and the movie tickets start off costing $10 each. for each of the following situations, would the attainable set of combinations that you can afford increase or decrease?
a. your budget increases from $100 to $150 while the prices stay the same.
b. your budget remains $100, the price of books remains $25, but the price of movie tickets rises to $20.
c. your budget remains $100, the price of movie tickets remains $10, but the price of a book falls to $15.

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3. suppose that you initially have $100 to spend on books or movie tickets. the books start off cost...