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Use the Figure Below to Answer the Following Questions

Question 72

Multiple Choice

Use the figure below to answer the following questions. Use the figure below to answer the following questions. Figure 9.1.2 -Refer to Figure 9.1.2.Which budget line has the lowest relative price for carrots? A) AD B) BD C) CD D) The relative price is equal for all three budget lines. E) Cannot be determined without studying the indifference curves. Figure 9.1.2
-Refer to Figure 9.1.2.Which budget line has the lowest relative price for carrots?


A) AD
B) BD
C) CD
D) The relative price is equal for all three budget lines.
E) Cannot be determined without studying the indifference curves.

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