Answer:
Check the graph below to see the Budget constraint (1,000)
Step-by-step explanation:
To answer this question firstly we have to label this value $1,000, as our budget constraint. It means our budget cannot be surpassed.
Let's work with this equation x+y=1000. Rewrite into this form y=1000-x then graph it, like a regular linear function.
The Budget line represents graphically all the combinations x+y=1,000. The range shows us all values y∈ [0, 1000] and the domain are the values such as 0 ≤x≤1000. Each point over the Budget line represents a possible combination such as x+y=100.
x | y | x+y
50(20) =1000 | 0 | 1000
200 | 800 | 1000
10x+8y
(...)
