Answer:
C) 500-2F+100S
Explanation:
Budget constraints:
Total Income = $500
Price of food = $2
Price of Shelter = $100
Quantity of food = F
Quantity of shelter = S
Expense on food = 2 x F = 2F
Expense on shelter = 100 x S = 100S
Total income = Expense on Food + Expense of Shelter
500 = 2F + 100S
This part C is wrong there is an equal sign between 500 and 2F in the original question which is attached with this answer please find that.
