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What Is the Equation for Budget Line LM,given in the Above

Question 47

Multiple Choice

What is the equation for budget line LM,given in the above graph?

A) Y = 10 + 1.5X
B) Y = 10 - (2/3) X
C) Y = 1.5 + 1.5X
D) Y = 1.5 -10X
E) Y = 0.667 + 1.5X

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