Draw the budget constraint for a person with income of $1,000 if the price of Pepsi is

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Draw the budget constraint for a person with income of $1,000 if the price of Pepsi is $5 and the price of pizza is $10. What is the slope of this budget constraint?

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Principles of economics

ISBN: 978-0538453042

6th Edition

Authors: N. Gregory Mankiw

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Question Posted: Dec 14, 2012 05:47 AM

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Draw the budget constraint for a person with income of $1,000 if the price of Pepsi is

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A person with an income of 1000 could purchase 10005 20...View the full answer

Principles of economics

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