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nevermind11111 nevermind11111
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A year ago
Suppose you own a courier service and you use two types of delivery vehicles - Model A, which costs $30000 to purchase, and Model B, which costs $50 000 to purchase. You have a budget of $300 000 for the purchase of new vehicles. If you were to draw a budget line to illustrate the choice between Model A and Model B vehicles, with A on the vertical axis and B on the horizontal axis, the vertical intercept and the horizontal intercept, respectively, would be

▸ 6 and 6.

▸ 10 and 6.

▸ 10 and 10.

▸ 0 and 10.

▸ 0 and 0.
Textbook 
Microeconomics

Microeconomics


Edition: 17th
Author:
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someonespecialsomeonespecial
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A year ago
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