A consumer has total money income of Rs....

A consumer has total money income of Rs.500 to be spent on two goods x and y with prices of Rs.50 and Rs.10 per unit respectively. On the basis of the given information, answer the following question :
(a)Give the equation of the budget line for consumer.
(b)What is the value of slope of the budget line ?
(c )How many units can the consumer buy if he is to spend all his money income on good x ?
(d) How does the budget line change if there is a 50% falls in price of good y ?

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