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suppose a consumer has a budget for fast food items of 400 pesos per week and spends this money on two goods, hamburgers and pizzas.

suppose a consumer has a budget for fast food items of 400 pesos per week and spends this money on two goods, hamburgers and pizzas. suppose hamburgers cost 50 pesos each and pizza cost 100 pesos. Put the quantity of hamburgers purchased per week on the horizontal axis and the quantity of pizzas purchased per week on the vertical axis. Draw the budget line. Draw another line showing an increase in price of hamburgers to Php100.

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