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Alex Distributes His Monthly Income of $600 Between Two Goods,movies

question 77

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Alex distributes his monthly income of $600 between two goods,movies and food.By spending his entire income on movies,he can enjoy a maximum of 20 movies.On the other hand,by spending his entire income on food he can consume a total of 60 units of food.Assume that food consumption is measured along the horizontal axis and the consumption of movies is measured on the vertical axis.Calculate the slope of Alex's budget line when the price of food increases to $20 while the price of movie remains unchanged.


Definitions:

Metabolic Rate

The rate at which the body uses energy to maintain basic physiological functions while at rest.

Basal Metabolic Rate

The speed at which the body consumes energy during rest in order to support essential activities like respiration and maintaining body temperature.

Body Mass Index

A numerical calculation using height and weight to determine whether a person is underweight, normal weight, overweight, or obese.

Total Metabolic Rate

The total amount of energy expended by an organism in a given time period, encompassing all bodily functions.

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