Use the following graph showing two budget lines, LR and LZ to answer the following questions. The consumer's income is $720.

-For budget line LM the price of Y is $______ and the price of X is $______. The equation for budget line LM is _____________________.

Question

Use the following graph showing two budget lines, LR and LZ to answer the following questions. The consumer's income is $720.
 
-For budget line LM the price of Y is $______ and the price of X is $______. The equation for budget line LM is _____________________.

Quizplus · Accepted Answer

The Answer of Use the following graph showing two budget lines, LR and LZ to answer the following questions. The consumer's income is $720.
 
-For budget line LM the price of Y is $______ and the price of X is $______. The equation for budget line LM is _____________________.

Use the Following Graph Showing Two Budget Lines, LR and LZ