Business Economics Test Attempt both questions in groups of threes in 35 minutes On 1. Suppose all of an individual's weekly income is spent on two goods, X and Y. Draw the individual budget line if his or her income is shs 150 per week, the price of X is shs 10 per unit and the price of is shs 15 per unit. Draw the new budget lines a) If the price of X doubles b) If the price of Y halves c) If the individual's income rises to shs 250 per week.
