Slope of the new budget equation

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Suppose that a budget equation is given by p1x1 + p2x2 = m. The gov- ernment decides to impose a lump-sum tax of u, a quantity tax on good 1 of t, and a quantity subsidy on good 2 of s. What should be the new budget equation? What's the slope of the new budget equation?

Reference no: EM133232215

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