Short Answer
Use the following graph showing a consumer's budget line and some indifference curves to answer the following questions. The consumer's income is $600.
-The price of Y is $______ and the price of X is $______. The consumer should buy _____ unit of X and ______ units of Y. In equilibrium the marginal rate of substitution is _____.
Correct Answer:
Verified
Correct Answer:
Verified
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Q49: refer to the following figure that shows
Q50: refer to the following figure:<br> <img
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