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Suppose a consumer has 40 to spend. There are two goods available, good X and good . The price of good X is Px =4
Suppose a consumer has 40 to spend. There are two goods available, good X and good . The price of good X is Px =4 the price of good Y is Py= 5. assuming the quantity of good X is on the horizontal axis what is the slope of the consumers budget constraint?
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