Coffee 60 80 Tea An individual allocates $180 a month for spending on coffee and tea at their workplace. Using the budget constraint appearing above, the price of tea is:

Principles of Microeconomics
7th Edition
ISBN:9781305156050
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter21: The Theory Of Consumer Choice
Section21.1: The Budget Constraint: What The Consumer Can Afford
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Coffee
60
80
Tea
An individual allocates $180 a month for spending on coffee and tea at their
workplace. Using the budget constraint appearing above, the price of tea is:
Transcribed Image Text:Coffee 60 80 Tea An individual allocates $180 a month for spending on coffee and tea at their workplace. Using the budget constraint appearing above, the price of tea is:
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