Let us assume that the same hypothetical budget line for both market baskets A and B is
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Question:
Let us assume that the same hypothetical budget line for both market baskets A and B is income I = 2F + 9C.
Fill in the blank spots associated with the question marks. (please show the steps involved in solving this problem)
Market basket | Clothing (C) | Food (F) | Income (I) |
A | 3 | 0 | ? |
B | ? | 3 | ? |
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