Solved: Suppose alphonsos town raised the price of bus tickets to 1, Microeconomics

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Suppose alphonsos town raised the price of bus tickets to 1

Question: Suppose Alphonso's town raised the price of bus tickets to $1 per trip (while the price of burgers stayed at $2 and his budget remained $10 per week.) Draw Alphonso's new budget constraint. What happens to the opportunity cost of bus tickets?

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Microeconomics: Suppose alphonsos town raised the price of bus tickets to 1

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