If Amys income increases to $24 a week and the prices of coffee and cake remain unchanged,
Question:
If Amy’s income increases to $24 a week and the prices of coffee and cake remain unchanged, describe the change in her budget line.
Amy has $20 a week to spend on coffee and cake. The price of coffee is $4 a cup, and the price of cake is $2 a slice.
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When discussing budget lines were essentially talking about what a person can afford given their inc...View the full answer
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