The graph shows the budget line for a consumer who only buys cookies and magazines. If the consumer's income is $20, what is the price of a Magazine? 24 20 16 8. 4 0 2 6 10 12 Magazines (number per week) Cookies (number per week)

The graph shows the budget line for a consumer who only buys cookies and magazines. If the consumer's income is $20, what is the price of a Magazine? 24 20 16 8. 4 0 2 6 10 12 Magazines (number per week) Cookies (number per week)

Economics Today and Tomorrow, Student Edition

1st Edition

ISBN:9780078747663

Author:McGraw-Hill

Publisher:McGraw-Hill

Chapter5: Buying The Necessities

Section: Chapter Questions

Problem 14AA

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Question

The graph shows the budget line for a consumer who only
buys cookies and magazines. If the consumer's income is $20, what is the price of a Magazine?
24
20
16
4
2
4
6
8
10
12
Magazines (number per week)
dollar(s)
Cookies (number per week)

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