# Answer to Question #63264 in Microeconomics for Crystal Escoffery

Question #63264

sandra uses two mobile cell phones (a Digicel and a Lime phone), to make her monthly calls. Sandra budget only $7,000 on telephone calls per month and the cost per minute for digicel and limeare $2.99 and $2.89 respectively.

write down the algebric equation for Sandra's budget constraint.

write down the algebric equation for Sandra's budget constraint.

Expert's answer

Equation looks like

2.99x+2.89y=7,000

Where x is the quantity of minutes for digicel,

y is the quantity of minutes for limeare

Or in a more familiar form

Y=(7,000-2.99x)/2.89;

Y=2,42215-1.03x

Answer.

2.99x+2.89y=7,000

2.99x+2.89y=7,000

Where x is the quantity of minutes for digicel,

y is the quantity of minutes for limeare

Or in a more familiar form

Y=(7,000-2.99x)/2.89;

Y=2,42215-1.03x

Answer.

2.99x+2.89y=7,000

Need a fast expert's response?

Submit orderand get a quick answer at the best price

for any assignment or question with DETAILED EXPLANATIONS!

## Comments

## Leave a comment