Draw the price-consumption curve, Econometrics

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Draw the price-consumption curve

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Q: Natasha spends all of her monthly income on tickets to concerts and films. Suppose the formula for her MRS = (3 + F)/(2C). (Fractions of tickets are allowed.) Suppose Natasha's income is $300/month. Concert tickets cost $5 each. Draw her price-consumption curve (allowing the price of film tickets to vary) and draw her demand curve for film tickets. U = C(3+F)

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Econometrics: Draw the price-consumption curve

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Econometrics: Draw the price-consumption curve

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