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Author Question: The graph shows the Mark's budget constraint for fishing gear: rods and reels.Suppose Qrods = 7 and ... (Read 116 times)

hjfhdiskkjs

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on: Nov 23, 2022
The graph shows the Mark's budget constraint for fishing gear: rods and reels.

Suppose Qrods = 7 and Qreels = 8 and Mark's quarterly budget for fishing gear is $410.
What is the equation of the budget constraint? What is the price of a rod? What is the price of a reel? Please round your final answer to two decimal places.
◦ Y = 7 + 0.88X, $51.25, $58.57
◦ Y = 7 - 1.14X, $58.57, $51.25
◦ Y = 7 + 1.14X, $51.25, $58.57
◦ Y = 7 - 0.88X, $58.57, $51.25
Macroeconomics ¦ Acemoglu, Laibson, List ¦ 3rd Edition
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Marked as best answer by hjfhdiskkjs on Nov 23, 2022

butterfly17

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Reply #1 on: Nov 23, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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hjfhdiskkjs

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Reply 2 on: Nov 23, 2022
Thanks for the timely response, appreciate it

TheNamesImani

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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