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given that the consumer's income equals RM200, price of good X equals RM10, price of good Y equals RM5. What is the real income in
given that the consumer's income equals RM200, price of good X equals RM10, price of good Y equals RM5. What is the real income in terms of good X and real income in terms of good Y? Assuming good X is placed on horizontal axis and good Y is placed on vertical axis.If price of of Y falls, will the budget line become flatter or steeper?
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