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The Following Diagram Shows a Budget Constraint for a Particular

Question 425

Multiple Choice

The following diagram shows a budget constraint for a particular consumer. The following diagram shows a budget constraint for a particular consumer. If the price of X is $12, then what is the price of Y? A) $9 B) $16 C) $24 D) $30 If the price of X is $12, then what is the price of Y?


A) $9
B) $16
C) $24
D) $30

Correct Answer:

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