Graph budget line of the consumer under given assumption


Suppose a consumer derives satisfaction from consuming two types of hamburgers, X and Y. a. Graph the budget line of the consumer under the assumption that he is offered a "buy two, get one free" deal for burger X (limit one free burger).?b. Graph the budget constraint under the assumption that the consumer of burger Y also offers a "buy two, get one free" deal (limit one free burger).?c. Explain in words why each of the above budget constraints looks as it does.

Request for Solution File

Ask an Expert for Answer!!
Microeconomics: Graph budget line of the consumer under given assumption
Reference No:- TGS053240

Expected delivery within 24 Hours