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1. The budget line below assumes that the total budget is $400 and the price of good Y is $20/unit. Show work in answering the
1. The budget line below assumes that the total budget is $400 and the price of good Y is $20/unit. Show work in answering the following questions a-c. 10 a. What is the value of the Y-intercept? b. What is the price of X? c. What is the slope of the budget line
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