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Figure: Budget Lines for Oranges and Apples
-(Figure: Budget Lines for Oranges and Apples) Use Figure: Budget Lines for Oranges and Apples.For some time,Antonio has had $5 per month to spend on oranges and apples.The price of an orange is $0.50 and the price of an apple is $0.25.Which chart shows what will happen to his budget line if the prices of the two goods fall by 20%?
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