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  3. Study Set
    Microeconomics Study Set 34
  4. Exam
    Exam 12: Consumer Choices and Constraints
  5. Question
    -Consider the Budget Line in the Above Figure
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-Consider the Budget Line in the Above Figure

Question 122

Question 122

Multiple Choice

  -Consider the budget line in the above figure. If the consumer's income is $120, then the price of a book is A)  $12 per book. B)  $6 per book. C)  $10 per book. D)  More information is needed to determine the price of a book.
-Consider the budget line in the above figure. If the consumer's income is $120, then the price of a book is


A) $12 per book.
B) $6 per book.
C) $10 per book.
D) More information is needed to determine the price of a book.

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