What is the slope of the budget constraint

Reference no: EM132196771

Question: If coffee costs $4.00/cup and tea costs $2.00/cub, and coffee is taxed at a rate of $1.00/cup and tea faces a 25% value tax, graph Matt's choice set given his $80/week limit on spending on coffee and tea. What is the slope of this budget constraint in the presence of these taxes?

Reference no: EM132196771

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