Sugar (=X₁, in Oz) and Flour (=X₂, in Lbs) Are

question 6

Short Answer

Sugar (=X₁, in oz) and flour (=X₂, in lbs) are used to produce bread (loaves). The price of sugar is P₁=$5/oz, and the price of flour is P₂=$2/lb. Expenditures for this bakery are equal to $100. Graph the isocost line for this bakery.