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10) Consider the budget line and indifference curve in Figure 9.3.1. If the price of good X is $2 a unit, what is the price
10) Consider the budget line and indifference curve in Figure 9.3.1. If the price of good X is $2 a unit, what is the price of good Y? A) $0.37 a unit B) $0.67 a unit C) $1.50 a unit D) $2.67 a unit E) impossible to calculate without additional information
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The Macro Economy Today
Authors: Bradley R. Schiller, Karen Gebhardt
14th edition
1259291820, 978-1259291821
