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Question: If the algebraic expression relating income to expenditure is shown as I = PxX + PyY, show, using...

Show transcribed image text If the algebraic expression relating income to expenditure is shown as I = PxX + PyY, show, using simple algebra or graphical representation, that the slope of the budget line is -Px/Py if good X is on the horizontal axis.

If the algebraic expression relating income to expenditure is shown as I = PxX + PyY, show, using simple algebra or graphical representation, that the slope of the budget line is -Px/Py if good X is on the horizontal axis.