Sophia spends all her money on gummy worms and apps for her smartphone. A pound of gummy worms and a smartphone app each cost $1. Sophia's parents give her an allowance of $30 and 8 pounds of gummy worms each month. Draw her opportunity set. Using the triangle drawing tool and the rectangle drawing tool each once, shade in Sophia's opportunity set. Label the triangle 'OStriangle and the rectangle 'OS rectangle- Carefully follow the instructions above, and only draw the required objects. A, apps per month 40 38- CONFSSONFONONI 88. 36- 34- 32- 30- 28- 26 24- 22 20- 18- 16- 14- 12- 10- 8- 6- 4- 2- 0- 0 2 4 6 8 10121416182022 2426 283032 3436 3840 W, pounds of gummy worms per month

Sophia spends all her money on gummy worms and apps for her smartphone. A pound of gummy worms and a smartphone app each cost $1. Sophia's parents give her an allowance of $30 and 8 pounds of gummy worms each month. Draw her opportunity set. Using the triangle drawing tool and the rectangle drawing tool each once, shade in Sophia's opportunity set. Label the triangle 'OStriangle and the rectangle 'OS rectangle- Carefully follow the instructions above, and only draw the required objects. A, apps per month 40 38- CONFSSONFONONI 88. 36- 34- 32- 30- 28- 26 24- 22 20- 18- 16- 14- 12- 10- 8- 6- 4- 2- 0- 0 2 4 6 8 10121416182022 2426 283032 3436 3840 W, pounds of gummy worms per month

Principles of Microeconomics

7th Edition

ISBN:9781305156050

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter22: Frontiers Of Microeconomics

Section: Chapter Questions

Problem 6PA

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