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Aconsumer has $200 per month to be spent on books (good B) and DVDs (good D). Market prices are as follows: PB = $20 and
Aconsumer has $200 per month to be spent on books (good B) and DVDs (good D). Market prices are as follows: PB = $20 and PD = $20. Use the line drawing tool to plot this consumer's budget constraint. Label this line 'Budget'. DVDs Carefully follow the instructions above, and only draw the required object. Given this data, what is the marginal rate of transformation? MRT = Cl (Enter your answer as a real number rounded to two decimal places. Be sure to include the minus sign)
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