Question - Cherry pie and Coffee budget constraint
Imagine you are one individual looking to purchase some of the only two goods in your economy, cherry pies and coffee. Your income is $90. You hear that the pies in town are the best in the country, so you buy one pie for the absorbitant price of $30. You have invited your entire class over for pie and coffee, so you stop by a café on your way home and purchase as many coffee cups as you can afford. They cost $3 per cup. How many coffee cups do you purchase?