LING 111 Lecture Notes - Lecture 1: Shampoo, Budget Constraint, Indifference Curve

• School: Simon Fraser University
• Department: Linguistics
• Course: LING 111
• Professor: joyce

Document Summary

Q1: chrissy spends her income on fi shing lures (l ) and guitar picks (g ). Lures are priced at , while a package of guitar picks costs . How much utility does this combination bring her? b. Q2: good x sells for , and good y sells for . Q3: for maahir, shampoo and conditioner are perfect complements. Construct a budget constraint for maahir and describe his purchasing habits. What is his optimal bundle likely to look like: suppose that prices change so that shampoo costs and conditioner costs .