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Question: george has income m equal to 80 price of good...

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`George has income (M) equal to $80. Price of good 1 is $4 and Price of good 2 is $5. Give the equation of George’s budget line and Illustrate George’s budget line on the graph below. What is the slope of the budget line?_________________________________________ Are the following consumption bundles affordable? (5 , 12) yes/ no (6, 10) yes/ no (20, 3) yes/ no (10, 8) yes/ no

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