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Sam Has $400 a Month to Spend on Either Tanning

question 68

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Sam has $400 a month to spend on either tanning sessions or rounds of golf.Tanning sessions are $20 each,and a round of golf is $50.A point on Sam's budget constraint would be:


Definitions:

Seller

An individual or entity that offers goods or services for sale.

Lessee

A person or entity who holds the lease of a property; a tenant.

Merchant

A person or company involved in the trade of goods, services, or commodities for profit.

Sale

The passing of title from a seller to a buyer for a price.

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