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3. Philip can consume Pizza or Beer. The table below gives combinations of Pizzas and Beers that are on his budget line. If the price

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3. Philip can consume Pizza or Beer. The table below gives combinations of Pizzas and Beers that are on his budget line. If the price of a Pizza is $8, then his income is and the price of a beer is Pizzas Beer (per Possibility (per month) month) 5 a. $40,$5 b. $40,$8 c. $32,$8 d. $8, $60

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