True or False. Suppose you won $15 on a lotto ticket at the…
True or False. Suppose you won $15 on a lotto ticket at the local 7-Eleven and decided to spend all the winnings on candy bars and bags of peanuts. Candy bars cost $0.75 each while bags of peanuts cost $1.50 each. The budget line tell you which of the available combinations of candy bars and bags of peanuts to buy.
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