MHB Calculate Flexibility of Budget Distribution: 10 & 90 vs. 50 & 50

[clock245]

I think this is an obvious answer, but maybe I'm dense!

So not sure if this belongs in this sub-group, but let me explain my question below

Say I have a budget of $\$ 50$ for gas and $\$50$ for entertainment. I cannot cross between those two pots. So even though i have $\$ 100$ i′ve got 50% flex in terms of efficiently using my dollars.

So slightly more complicated what if i now had $\$ 10$ for gas and $\$ 90$ that could be used for gas OR entertainment? It's not really 50% flex because i am able to use my dollars more efficiently now.

How do i calculate this in a meaningful way? In other words i am X% more efficient in the $\$ 90$ and $\$ 10$ distribution vs the $\$ 50$ and $\$ 50$ distribution.

Thanks for any help you can provide.

 

[Wilmer]

How do i calculate this in a meaningful way?

We can only help if you state your problem in a meaningful way...