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Assume the price of product Y (the quantity of which is on the vertical axis) is R16 and the price of product X (the quantity o...Question
Assume the price of product Y (the quantity of which is on the vertical axis) is R31 and the price of product X (the quantity of which is on the horizontal axis) is R41. Also assume that money income is R672. The absolute value of the slope of the resulting budget line:
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