1. Donna loves the Seahawks! She has a budget of $45 per month, which she can spend on Seahawks gadgetry at $5 a piece or on tickets to an autograph

1. Donna loves the Seahawks! She has a budget of $45 per month, which she can spend on
Seahawks gadgetry at $5 a piece or on tickets to an autograph signing of Marshawn Lynch,
Bobby Wagner or Russell Wilson at $15 a piece. First draw her budget constraint. How is the
slope determined? Show how her budget constraint changes if the price of the gadgetry
increases to $7.50. Show how her budget constraint changes if the gadgetry stays at $5, but
her monthly income increases to $60. (nt) Set up a table first with the all or nothing choices
then the intermediate ones. If it easier, print this up, draw the graphs/tables with a
pencil and scan it back to me for credit. (2 points)

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