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22-02-2024
Mathematics

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Suppose an individual spends his income on goods X and Y. If his income is $300, the price of good X is PX = $6, and the price of good Y is PY = $3, then the algebraic expression for his budget constraint is:
A) Y=50-0.5X
B) Y=100-0.5X
C) Y=300-0.5X
D) Y=50-2X
E) Y=100-2X
F) Y=300-2X

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