Calculate Marcs real income in terms of root beer. Calculate his real income in terms of DVDs.

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Calculate Marc’s real income in terms of root beer. Calculate his real income in terms of DVDs.
Marc has a budget of $20 a month to spend on root beer and DVDs. The price of root beer is $5 a bottle, and the price of a DVD is $10.

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Microeconomics

ISBN: 978-0133019940

11th edition

Authors: Michael Parkin

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Question Posted: Dec 15, 2015 07:10 AM

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Calculate Marcs real income in terms of root beer. Calculate his real income in terms of DVDs.

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Marcs real income is 4 bottles of root beer Marcs real income in terms of bottles of root beer is ...View the full answer

Microeconomics

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