{"id":221401,"date":"2025-05-29T13:16:09","date_gmt":"2025-05-29T13:16:09","guid":{"rendered":"https:\/\/learnexams.com\/blog\/?p=221401"},"modified":"2025-05-29T13:16:11","modified_gmt":"2025-05-29T13:16:11","slug":"kimiko-is-planning-a-party-to-celebrate-her-birthday","status":"publish","type":"post","link":"https:\/\/www.learnexams.com\/blog\/2025\/05\/29\/kimiko-is-planning-a-party-to-celebrate-her-birthday\/","title":{"rendered":"Kimiko is planning a party to celebrate her birthday"},"content":{"rendered":"\n

Kimiko is planning a party to celebrate her birthday. She has decided to serve sushi and yakitori meat skewers. Each serving of sushi is $8 and each yakitori skewer is $2. Kimiko has $240 to spend on the party. Please graph her budget line.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

The Correct Answer and Explanation is:<\/mark><\/strong><\/p>\n\n\n\n

Correct Answer:<\/h3>\n\n\n\n

\u2705 There will be a parallel shift of the budget line away from the origin.<\/strong><\/p>\n\n\n\n

\n\n\n\n

Explanation:<\/h3>\n\n\n\n

Kimiko initially has $240<\/strong> to spend on sushi and yakitori. Sushi costs $8 per serving<\/strong> and yakitori costs $2 per skewer<\/strong>. The budget line represents all combinations of sushi and yakitori she can afford with her budget.<\/p>\n\n\n\n

The budget line equation is: 8S+2Y=2408S + 2Y = 240<\/p>\n\n\n\n

Where:<\/p>\n\n\n\n

    \n
  • SS is the number of sushi servings<\/li>\n\n\n\n
  • YY is the number of yakitori skewers<\/li>\n<\/ul>\n\n\n\n

    To graph this line:<\/p>\n\n\n\n

      \n
    • If Kimiko buys only yakitori<\/strong>: 2Y=240\u21d2Y=1202Y = 240 \\Rightarrow Y = 120<\/li>\n\n\n\n
    • If Kimiko buys only sushi<\/strong>: 8S=240\u21d2S=308S = 240 \\Rightarrow S = 30<\/li>\n<\/ul>\n\n\n\n

      So, the budget line goes from point (0, 120)<\/strong> (all yakitori) to (30, 0)<\/strong> (all sushi). This is shown in the image.<\/p>\n\n\n\n

      Now, Barry gives Kimiko $60 more<\/strong>, raising her total budget to $300<\/strong>. The new budget equation becomes: 8S+2Y=3008S + 2Y = 300<\/p>\n\n\n\n

      Solving this:<\/p>\n\n\n\n

        \n
      • Only yakitori: Y=150Y = 150<\/li>\n\n\n\n
      • Only sushi: S=37.5S = 37.5<\/li>\n<\/ul>\n\n\n\n

        So the entire budget line shifts outward<\/strong>\u2014specifically, it shifts parallel away from the origin<\/strong> because the prices of sushi and yakitori remain the same. The slope of the line (which depends on the relative prices of the two goods) does not change<\/strong>, so the line remains parallel to the original.<\/p>\n\n\n\n

        This is a classic example of an income increase<\/strong> with constant prices. In such cases, the budget constraint expands outward in a parallel fashion<\/strong>, allowing the consumer (Kimiko) to afford more of both goods<\/strong> if desired.<\/p>\n\n\n\n

        Therefore, the correct choice is:
        \u2705 There will be a parallel shift of the budget line away from the origin.<\/strong><\/p>\n\n\n\n

        \"\"<\/figure>\n","protected":false},"excerpt":{"rendered":"

        Kimiko is planning a party to celebrate her birthday. She has decided to serve sushi and yakitori meat skewers. Each serving of sushi is $8 and each yakitori skewer is $2. Kimiko has $240 to spend on the party. Please graph her budget line. The Correct Answer and Explanation is: Correct Answer: \u2705 There will […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[25],"tags":[],"class_list":["post-221401","post","type-post","status-publish","format-standard","hentry","category-exams-certification"],"_links":{"self":[{"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/posts\/221401","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/comments?post=221401"}],"version-history":[{"count":0,"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/posts\/221401\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/media?parent=221401"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/categories?post=221401"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/tags?post=221401"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}