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  3. 1 your budget line for goods a and b is...

Question: 1 your budget line for goods a and b is...

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1. Your budget line for goods A and B is represented below. Which of the following statements is or could be TRUE? (a) If income is $45, the price of Good A must always be S5 (b) The price of Good A increases after the consumer buys 2 units. (c) When you have 5 units of Good A, you are able to buy an additional unit of Good A if you give up units of Good B. (d) When you have 5 units of good B, the marginal rate of transformation of A for B is (MRTAB-) e) All of the above statements are false. 4 1 23 4 5 678 9 10 Good A

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