Question

BUDGET LINE
Slope = AOranges/AApples =
3
(-)
(-)
Papple
Porange
The slope is the negative of
the ratio of the prices of the
two goods. The slope indicate
the rate at which the two
goods can be substituted
without changing the amount
of monex spent.
8
5
-3
2
+1
Apples
1
2
3​

Answer 1

Answer:

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Explanation:

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Answer 2

Answer:

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