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4. Construct the relevant constraint for Bryce who spends his entire income on X and Y...

4. Construct the relevant constraint for Bryce who spends his entire income on X and Y if

Income(I) = $120

Px = $5/unit for X < 10 ; Px = $3/unit for X>10 (ALL units)

Py = $8/unit

b. If Bryce buys 8 units of X, do his preferences violate any of the assumptions of consumer choice theory?

c. How would the constraint be affected if the discount applies to additional units only?

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