安东尼奥读大一时买了5本大学教材,每本花了80美元。而用过的书只卖50美元/本。当书店宣布新课本
(1)安东尼奥的预算约束线将如何变动?以纵轴表示新书进行说明。
(2)在价格变动之后,安东尼奥的境况是变好了还是变坏了?
Antonio buys five new college textbooks during his first year at school at a cost of $ 80 each,
Used books cost only $ 50 each. When the bookstore announces that there will be a 10 percent increase in the price of new books and a 5 percent increase in the price of used books, Antonio's father offers him $ 40 extra.
a What happens to Antonio' s budget line? Illustrate the change with new books on the vertical axis.
b. Is Antonio worse or better off after the price change? Explain.