Multiple Choice
-What is the equation for budget line LM,given the above graph?
A) Y = 10 + 1.5X
B) Y = 10 -2/3) X
C) Y = 1.5 + 1.5X
D) Y = 1.5 - 10X
E) Y = 0.667 + 1.5X
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q2: The rate at which a consumer is
Q23: The price of X is $20 and
Q28: An indifference curve is drawn on a
Q32: The ratio of the prices of two
Q38: According to the following figure,what could have
Q39: Assume that an individual consumes two goods,X
Q40: Based on the following graph,what is the
Q42: According to the following graphs,what is <img
Q46: According to the following graph,at point A,
Q83: A market demand curve<br>A)is the horizontal summation