A.3 Suppose you have $120 to spend on CDs and movies. The price of a CD is

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A.3 Suppose you have $120 to spend on CDs and movies. The price of a CD is $12, and the price of a movie is $6.

a. Using Figure 1A.6 on page 21 as a model, prepare a table and draw a curve to show the relationship between the number of CDs (on the horizontal axis) and movies (on the vertical axis) you can afford to buy:

b. The slope of the curve is per

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Economics: Principles, Applications And Tools

ISBN: 9781915294227

7th Edition

Authors: Arthur O'Sullivan, Steven Sheffrin, Stephen Perez

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