Suppose you have $120 to spend on CDs and movies. The price of a CD is $12,

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Suppose you have $120 to spend on CDs and movies.

The price of a CD is $12, and the price of a movie is $6.

a. Using Figure 1A.6 on page 21 as a model, prepare a table and draw a curve to show the relationship between the number of CDs (on the horizontal axis) and movies (on the vertical axis) you can afford to buy.

b. The slope of the curve is __________per______________ .

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Macroeconomics Principles Applications And Tools

ISBN: 123885

8th Edition

Authors: Arthur OSullivan ,Steven Sheffrin ,Stephen Perez

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