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Q. A consumer's income is rs.2800. …

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Q. A consumer's income is rs.2800. he spend it on the purchase of two goods A and Y. the price of X and Y are rs. 80 and rs. 20. answer the following a. write the equation of his budget line. b. write three combination of the commodity which lies on budget line c. write the combination ofdoes not lie on budget line but part of budget line d. also mention the MR of substitution at which he will be at equilibrium
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