Question

The graph below shows indifference curves and budget lines that Keziah faces when she purchases boots and manicures. Boots co
11. Which of the following equations best represents budget line B2? (B=number of pairs of boots and M=number of manicures) a
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Answer #1

Answer: (c)

Budget line is : 300= 50B+60M

Vertical intercept: B = 300/50

= 6

Horizontal intercept: 300/60

= 5

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