Assume the quantity of X is measured on the horizontal axis, and the quantity of Y is measured on the vertical axis. Assume the price of X is $3, and the price of Y is $6. If Amanda has $90 to spend on X and Y , then:

a) she can buy at most 30 X.

b) her budget line has a slope of – 2.

c) (a) and (b).

d) None of the above.

#### Top Answer

Great question... View the full answer