Economics For Today
Economics For Today
10th Edition
ISBN: 9781337670654
Author: Tucker
Publisher: Cengage
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Chapter 6.A, Problem 3SQP

(a):

To determine

The indifference curve and also label the points A–D.

(b):

To determine

The budget line of the consumer.

(c):

To determine

The combination that the consumer would consume with an income of $12.

(d):

To determine

The value of the MRS and the slope of the budget line at equilibrium.

(e):

To determine

The demand curve for X.

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