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Assume that a consumer has a given budget or income of $10 and that...
Assume that a consumer has a given budget or income of $10 and that she can buy only two goods, apples or bananas. The price of an apple is $1.00 and the price of a banana is $0.50. What is the slope of the budget line if the quantity of apples were measure on the horizontal axis and bananas on the vertical axis?
Answer & Explanation
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<p style="margin-left:0px;">sectetur adipiscing elit. Nam l</p><p style="margin-left:0px;">sectetur adipiscing elit. Nam lacinia pu</p><p style="margin-left:0px;">sectetur adipiscing</p><p style="margin-left:0px;">sec</p>sectetur adipiscing elit. Nam lacinia pulvinar tortor nec facilisis. Pellentesque dapibus efficitur laoreet.
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<p>sectetur adipiscing elit. Nam lacinia pulvinar tortor nec facilisis. Pellentesque dapi<em>sectetur</em>se<em>se</em>sectetur adipi</p>sectetur adipiscing elit. Nam lacinia pulvinar tortor nec facilisis. Pellentesque dapibus efficitur laoreet. Nam risus ante, dapibus a molestie consequat, ultrices ac magna. Fusce dui lectus,
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