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Sidney makes $200 per week. She buys only two items: pizza and beer. The price of a pizza is $5 and the price of each beer is $2.
A. Sketch Sidney’s budget constraint with pizza on the y-axis and beer on the x-axis.
B. What is the y-axis intercept for the above budget constraint?
C. What is the x-axis intercept for the above budget constraint?
D. What is the slope of the above budget constraint?
E. What is the equation for Sidney’s budget constraint?
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