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Use the Following Graph Showing Two Budget Lines, LR and LZ

Question 47

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Use the following graph showing two budget lines, LR and LZ to answer the following questions. The consumer's income is $720.
Use the following graph showing two budget lines, LR and LZ to answer the following questions. The consumer's income is $720.    -For budget line LM the price of Y is $______ and the price of X is $______. The equation for budget line LM is _____________________.
-For budget line LM the price of Y is $______ and the price of X is $______. The equation for budget line LM is _____________________.

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$12; $9; Y...

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