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A Consumer's Budget Line for Food (F)and Shelter (S)is Represented

Question 48

Multiple Choice

A consumer's budget line for food (F) and shelter (S) is represented as F = 250 - 5S.If this consumer's income increases by $10 and consumption of shelter remains unchanged,how many more units of shelter can be purchased at most?


A) 10
B) 20
C) 50
D) 2

Correct Answer:

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