Mauricio has a circus act that involves monkeys on unicycles. Mauricio has a fixed amount to spend on unicycles and monkeys. it shows Mauricio's initial budget constraint. The price per unicycle is $120 and per monkey is $90. what happens to Mauricio's budget line when the price of unicycles increases to $180.
where would label point a and b
What is Mauricio\'s budget for monkeys and unicycles?
2 answers
The quantity of unicycles gets changed to 4 on the graph and the total budget and Maurico's budget for unicycles and monkeys is $720.00.
200
1 answer