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Business, 25.12.2020 17:20 frank2010

Assume that a consumer has a given budget or income of $12 and that she can buy only two goods, apples or bananas. The price of an apple is $1.50 and the price of a banana is $0.75. This means that, in order to buy two bananas, this consumer must forgo

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Assume that a consumer has a given budget or income of $12 and that she can buy only two goods, appl...
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