The budget set is the collection of all bundles that the consumer can buy with her income at the prevailing market prices.

What is the slope of the budget line ?

How much of good $2$ can she consume if she spends her entire income on that good ?

Write down the equation of the budget line.

How much quantity of good $1$ can the consumer consume if she spends her entire income on that good?

Write down all the bundles that are available to the consumer.

Suppose a consumer wants to consume two goods which are available only in integer units. The two goods are equally priced at $\mathrm{Rs}. 10$ and the consumer’s income is $\mathrm{Rs}40.$

Among the bundles that are available to the consumer, identify those which cost her exactly $Rs. 40$.