Budget Constraint line, Managerial Economics

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1. The price of a CD (PC) is $10 and the price of a DVD (PD) is $20. Philip has his income (M) of $100 to spend on the two goods. Consider three consumption bundles: (C, D) = (2, 3); (4, 3); (6, 3), where C is the amount of CDs and D is the amount of DVDs.
(a) Derive and interpret the mathematical equation of his budget line.

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