Answer:
The budget line for the two goods is $30 × Clothing + $5 × Food = $600
Explanation:
As Ted has only $600 amount of money available with him to spend the money for getting the food as well as clothing in this week. And the food cost him $5, clothing costs him $30. Therefore, in order to have both items in the amount of $600, the budget line would be:
$30 × Clothing + $5 × Food = $600
