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    Refer to the Following Graph
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Refer to the Following Graph

Question 20

Question 20

Multiple Choice

Refer to the following graph:
Refer to the following graph:    -What is the equation for budget line LM? 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
-What is the equation for budget line LM?


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

Correct Answer:

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