Figure 4 10 9 8 7 A 6 ➤ 5 4 0 3 E 2 1 D B 1 2 3 4 5 6 7 8 9 10 × Refer to Figure 4. You have $36 to spend on good X and good Y. If good X costs $6 and good Y costs $12, your budget constraint is AB BC CD DE 0000
Figure 4 10 9 8 7 A 6 ➤ 5 4 0 3 E 2 1 D B 1 2 3 4 5 6 7 8 9 10 × Refer to Figure 4. You have $36 to spend on good X and good Y. If good X costs $6 and good Y costs $12, your budget constraint is AB BC CD DE 0000
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
Related questions
Question
Transcribed Image Text:Figure 4
10
9
8
7
A
6
➤ 5
4
0
3
E
2
1
D
B
1 2 3 4 5 6 7 8 9 10
×
Refer to Figure 4. You have $36 to spend on good X and good Y. If good X costs $6 and good Y costs $12, your
budget constraint is
AB
BC
CD
DE
0000
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