Question

Rue operates a food truck on Florida beaches, where she sells paninis and drinks, which she can sell for $3.00 and $1.50, respectively. Rue uses all of the money she makes to purchase theme park tickets, which cost $36.00, and her only other income comes from dividend payments of $12.00 from her investment portfolio.Q1. Let x1 represent paninis, x2 represent drinks, ???? represent tickets, and ???? represent dividend income. Complete Rue's budget equation:? x1 + ? x2 + ? = ?tQ2. Two of Rue's friends are coming to town, and Rue wants to take them to a theme park. If she buys three tickets, use the graph below to illustrate the possible combinations of paninis and drinks that will allow her to afford three tickets.First, draw a graph the line that shows the combinations that will result in just enough money, then shade the area the set of all combinations that will make enough money for Rue to buy at least three tickets.

Answer 1

Answer and Explanation:

Panini = $3.00

Drinks = $1.5

X1 = panini

X2 = drinks

? = Tickets

Dividends income = $12.00

For Q1 her budget equation

= X1 +?X2 +? = ?tQ2

3(x1) = 3X1

1.5(x2) = 1.5X2

d = 12

3X1 + 1.5X2 + 12 = 36t is the budget equation

For Q2 Her budget equation is

3X1 + 1.5X2 + 12 = 36t

t = 3

3X1 + 1.5X2 + 12 = 36(3)

3X1 + 1.5X2 + 12 = 108

3X1 + 1.5X2 = 108 - 12

3X1 + 1.5X2 = 96 is the budget equation