Problem
Suppose Gregg consumes chocolate candy bars and oranges. He is given four candy bars and three oranges. He can buy or sell a candy bar for $2 each. Similarly, he can buy or sell an orange for $1. If he has no other source of income, draw his budget constraint and write the equation. What is the most he can spend, Y, on these goods?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.