Multiple Choice
The figure below shows a consumer maximizing utility at two different prices (the left panel) and the consumer's demand for good X at the same two prices of good X (the right panel) .The price of good Y is $4.50.The equation of the budget line passing through point r is _______________.
A) Y = 80 - (10/3) X
B) Y = 90 - (10/3) X
C) Y = 80 - 0.3X
D) Y = 90 - 0.3X
Correct Answer:

Verified
Correct Answer:
Verified
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