A consumer has income of 3,000. Wine is priced at 3 a glass and cheese is priced

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A consumer has income of €3,000. Wine is priced at

€3 a glass and cheese is priced at €6 a kilo. Draw the consumer’s budget constraint. What is the slope of this budget constraint?

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Economics

ISBN: 9781408093795

3rd Edition

Authors: Mark P. Taylor, N. Gregory Mankiw

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Question Posted: Nov 04, 2024 07:00 AM

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Wine is priced at 3 a glass and cheese is priced at 6 a kilo. Draw the consumers budget constraint. What is the slope of this budget constraint?
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A consumer has income of 3,000. Wine is priced at 3 a glass and cheese is priced

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Economics

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