he graph shows the budget line for a consumer who only ys cookies and magazines. If the consumer's income is $20, what is the price of a Magazine? 24 20 16 8 4 O 2 4 8 10 12 A

Economics Today and Tomorrow, Student Edition
1st Edition
ISBN:9780078747663
Author:McGraw-Hill
Publisher:McGraw-Hill
Chapter5: Buying The Necessities
Section: Chapter Questions
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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? Cookies (number per week) 24 20 a 16 8 4 O 2 4 6 8 10 12 Magazines (number per week)

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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?
Cookies (number per week)
24
20
16
8
A
0
2
4
6
8
10 12
Magazines (number per week)
Transcribed Image Text: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? Cookies (number per week) 24 20 16 8 A 0 2 4 6 8 10 12 Magazines (number per week)
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