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SRC Refrigeration markets refrigerated display cases for flowers. At the end of her sales presentation, the SRC salesperson asks, "Will you be wanting to make monthly payments of $75 with a 10 percent down payment or will you be writing a cheque for the full amount today?" She has just executed a(n) :
Budget Line
A visual depiction showing every potential pairing of two products that a specific budget can buy at predetermined prices.
Horizontal Axis
The x-axis in a graph, typically representing the independent variable or the quantity of goods in economic graphs.
Vertical Axis
In a graph or chart, the y-axis along which numerical data, typically representing a variable being measured, is plotted.
Budget Line
A graphical representation of all possible combinations of two goods which a consumer can purchase with a given budget, at fixed prices for those goods.
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