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budget line shown in the diagram. If the consumer's money income is $40, then: A. no enough information to determine the prices of tea and
budget line shown in the diagram. If the consumer's money income is $40, then: A. no enough information to determine the prices of tea and coffee. B. coffee is $4 each and tea is $8 each. C. a combination of 5 units of both coffee and tea is affordable. D. coffee is $8 each and tea is $4 each
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Macroeconomics Principles And Policy
Authors: William J. Baumol, Alan S. Blinder
11th Edition
0324586213, 978-0324586213
