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Budget line
Questions (2)
How to I draw the budget line (budget constraint) of a graph given the income, price 1, and price 2? Do I just plug it into the
2 answers
asked anonymously
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A consumer has $100 to spend on two goods X and Y with prices $3 and $5
respectively. Derive the equation of the budget line and
1 answer
asked anonymously
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Parent Categories (2)
Consumer Theory
Graphing and Equations