Draw two budget constraints and one reflecting a fixed fee


Problem

1. The popularity of sustainability has flourished over the past decade. In your own opinion, how can this popularity be explained, given sustainability's likely betrayal of dynamic efficiency?

2. (For those who have studied budget constraint/indifference curve diagrams.) Draw a graph with trash pickup services on the horizontal axis and "other goods and services" on the vertical axis. Draw two budget constraints, one reflecting a fixed fee for unlimited trash pickup and one reflecting a pay-per-throw program. Use indifference curves to explain and compare the likely effects of these two policies on the amount of trash individuals generate.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: Draw two budget constraints and one reflecting a fixed fee
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