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QUESTION
) If the price of baseball tickets is $12 each and hockey tickets are $20 each, draw the budget constraint for the consumer. Be sure to specifically...
) If the price of baseball tickets is $12 each and hockey tickets are $20 each, draw the budget constraint for the consumer. Be sure to specifically label each intercept. Explain why (10, 6) is on this budget constraint but you cannot tell anything about the MRS at this point. (1 point)
