Essay On Weekthe Substitution Effect

Essay About Sarah’S Income And Weekthe Substitution Effect
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Economics Problem Set 2 Sara will buy 6 cans of cola and 1 bag of popcorn. Sarah’s income is $12 a week, which means she can afford either $12/$1.50=8 cola or $12/$3=4 bag of popcorn. Her budget line will go through Y-axis at 4 and X-axis at 4. The line will touch the indifference curve.

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