Business, 11.02.2020 20:57 adrian128383
Jordan visits her sister several times a year. Jordan’s travel budget is $600, which she uses to buy bus tickets and train tickets. The train costs $120 per trip, and the bus costs $40.a. Graph Jordan's budget constraint.
b. How many totaltrips can Jordan take if she takes the train three times?
c. Suppose Jordan's travel budget is cut to $360. Draw her new budget constraint.
d. How many train trips can she take if she doesn't want to reduce the total number of trips she takes each year?
Answers: 2
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Jordan visits her sister several times a year. Jordan’s travel budget is $600, which she uses to buy...
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