Answer Happy

Question 3 A budget constraint graph consist of two products C and D where C is the product on the X-axis and D is the product on the Y axis of the graph. The D intercept is 10 and C intercept is 5 with an Income (budget) of $40. What are the prices of product C and D? O prices of C and D cannot be determined price of C is $4 and price of D is $8 price of C is $8 and price of D is $4 O price of C is $5 and price of D is $10 Question 4 1 pts decrease in price of M and an increase in price of N increase in price of M and an decrease in price of N increase in price of M and an increase in price of N O decrease in price of M and an decrease in price of N 1 pts the A budget constraint graph consist of two products M and N. If budget line shift up (right) for product M and shift in (left) for product N simultaneously, then which of the following are true about the price change of product M and N?