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In the following diagram, we show one of Jane's indifference curves and her budget line. a. If the price of good X is $100, what is her income? b.

In the following diagram, we show one of Jane's indifference curves and her budget line.
a. If the price of good X is $100, what is her income?
b. What is the equation for her budget line?
c. What is the slope of her budget line?
d. What is the price of good Y?
e. What is Jane's marginal rate of substitution in equilibrium?
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In the following diagram.docx

In the following diagram, we show one of Jane's indifference curves and her budget line.
a. If the price of good X is $100, what is her income?
Answer:
Income = (price of goodX)*( maximum of good X...

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