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Question 1
A student has a monthly budget of $100 to spend on either pizza rolls, which cost $10 each, or sodas, which cost $5 each.

What is the largest number of pizza rolls that the student could afford to purchase in one month?

Hint

Question 2
What is the largest number of sodas the student could afford to purchase in one month?

Hint

Question 3
Draw the student's budget constraint. Put pizza rolls on the x-axis and sodas on the y-axis.

Graph to add drawings to:

Graphing window shows horizontal axis: -5 to 60, vertical axis: -5 to 60.

Elements to draw:

    No elements have been added yet




    Hint 1
    Hint 2

    Question 4
    Which combinations of pizza rolls and sodas are unaffordable?

    Hint

    Question 5
    Indicate which combinations would leave some budget unspent.

    Hint

    Question 6
    What is the equation for the student's budget constraint? In your equation, use Q1 as the variable to represent the quantity of pizza rolls and Q2 to represent the quantity of sodas.

     
    Hint

    Question 7
    What is the opportunity cost of a pizza roll?

      sodas
    Hint

    Question 8
    What is the opportunity cost of a soda?

      pizza rolls
    Hint

    Question 9
    How can one see the opportunity cost on the graph?

    Hint