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edehghany edehghany
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A year ago

The budget constraint cuts the horizontal axis at 12 units of good X and it cuts the vertical axis at 20 units of good Y. If the price of good X is $20 and the price of good Y is $12, then what does income equal?



▸

$200



▸

$240



▸

$520



▸

$280



▸

There is not enough information to answer the question.

Textbook 
Economics

Economics


Edition: 12th
Author:
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taylor.eihausentaylor.eihausen
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A year ago
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edehghany Author
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A year ago
You make an excellent tutor!
decibul
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Yesterday
Good timing, thanks!
Jose^2
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2 hours ago
Smart ... Thanks!
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