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Imagine that two goods are available to you: hamburgers (X) and hot dogs (Y). You like hamburgers and hot dogs equally well. If your fast food budget is $50 per month, the price of hamburgers is $6 per unit, and the price of hot dogs is $4 per unit, what is your optimal consumption of hot dogs

Respuesta :

Answer:

5

Explanation:

The budget constraint = 6h + 4hd = 50

h = hamburger

hd = hot dogs

because you like both goods equally, the optimal consumption of hot dogs = 50 / 10 = 5

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