Problem
Compound Consolidated Corporation (CCC) produces containers using two inputs: labor and glue. If labor costs $10 per hour and glue costs $5 per gallon, draw CCC's budget line for a total expenditure of $100,000. In this same diagram, sketch a production indifference curve indicating that CCC can produce no more than 1,000 containers with this expenditure.
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.