Resolution to lose some weight and save some money

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On january 1, professor smith made a resolution to lose some weight and save some money. He decided that he would stictly budget $100 for lunches each month. For lunch he has only two coices, the faculty club, where the price of a lunch is $5 and Alices Restarant, where the price of lunch is $10. every day that he does not eat lunch he runs 5 miles. A. assuming that professor Smith spends the $100 each month at either Alices Restaruant or the club, sketch his budget constraints. Show actual numbers on the axes. B. Last month Professor Smith chose to eat at the club 10 times and at Alices 5 times. Does this chose fit within his budget constraints? Explain your answer?

Reference no: EM131093121

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Resolution to lose some weight and save some money : On january 1, professor smith made a resolution to lose some weight and save some money. He decided that he would stictly budget $100 for lunches each month. For lunch he has only two coices, the faculty club, where the price of a lunch is $5 and Ali..

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