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Draw the following budget sets and lines. X and Y are two commodities such that X 0 and Y 0. (a) 12X + 7Y 280.

Draw the following budget sets and lines. X and Y are two commodities such that X 0 and Y 0.

(a) 12X + 7Y 280.

(b) 8X + 14Y 300

(c) 6X + 20Y 380

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