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Susan consumes apples and bananas. Her utility function is given by U(A,B) = AB where A is the quantity of apples and B is the quantity of bananas. Sarah is maximizing her utility by consuming 5 apples and 10 bananas. With the number of apples on the horizontal axis and the number of bananas on the vertical acis, what is the slope of her budget line?

Econometrics, Economics

  • Category:- Econometrics
  • Reference No.:- M9479638

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