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Construct the requested tree diagram.
-Clark is selecting new eyeglasses. He can choose styles A, B, or C in either the color black or orange. Construct a tree diagram that shows all possible choices that Clark can make.
Budget Line
An illustrative depiction of every possible pairing of two items that could be bought within a set budget at unchanging prices.
Slope
A measure of the steepness or incline of a line, often calculated as the ratio of the vertical change to the horizontal change between two points on the line.
Good A
A generic term often used in economics to describe a type of product or commodity.
Budget Line
A graphical representation of all possible combinations of two goods that a consumer can purchase with a given budget at prevailing prices.
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