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Determining the budget constraint

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Suppose that you remain at H&M, which continues to sell only sneakers and t-shirts. You have a clothes budget of $92, and buy 2 new pairs of sneakers and 4 new T-shirts. The price of sneakers is $14 each.

What must be the price of T-shirts if your consumption bundle is exactly on your budget constraint?

Note: Round your answers to two decimal places.

Reference no: EM133240992

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