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18 Sep 2018

Use the figure below to answer the following questions. Good Y lunits) LI 2 4 Budget line 6 8 10 Good X (units) Figure 9.3.1 21) 21) Consider the budget line and indifference curve in Figure 9.3.1. If the price of good X is $1 a unit, then the price of good Y is A) $1.33 a unit. B) $1.25 a unit. C) $2 a unit. D) $0.75 a unit. E) $1 a unit.

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Keith Leannon
Keith LeannonLv2
20 Sep 2018
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