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Adam has a monthly income of $20 that can be spent on books (B) and pencils (P).The price of a book is $5 and the price of a pencil is $0.50.Which of the following bundles of books and pencils lies on Adam's budget line?
A.3 books and 5 pencils
B.1book and 40 pencils
C.2 books and 20 pencils
D.zero books and 20 pencils
Mail or Telephone Order Merchandise Rule
A Federal Trade Commission rule that requires sellers who solicit buyers through mail or phone orders to ship items within the time frame promised or, if no time is promised, within 30 days.
Mail-Order Sales
A sales process where products are ordered through mail correspondence or online and shipped directly to the consumer's address.
Magazines and Books
Periodic publications containing articles, stories, photographs, and advertisements, and written works bound and published covering various subjects or narratives.
Postage
The fee charged for the service of mailing letters and packages.
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