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Question
Suppose that the quantity of good y is measured along the vertical axis and that the quantity of good x is measured along the horizontal axis. If the price of good x is $5 and the price of good y is $10 when income is $200 per time period, the slope of the consumerʹs budget constraint will be
A) -0.5.
B) -2.
C) -5.
D) -10.
Answer
This answer is hidden. It contains 1 characters.
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