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Your Budget Constraint for the Two Goods a and B

Question 38

Multiple Choice

Your budget constraint for the two goods A and B is 12A + 4B = I, where I is your income.You are currently consuming more than 27 units of B.In order to get 3 more units of A, how many units of B would you have to give up?


A) 0.33
B) 0.11
C) 3
D) 9
E) None of the above.

Correct Answer:

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