Change Q& A 4.1 so that Lisas budget and the price of pizza double, but the price

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Change Q& A 4.1 so that Lisa’s budget and the price of pizza double, but the price of burritos remains constant. Show how her budget constraint and opportunity set changes. Is Lisa necessarily better off than before these changes?

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Managerial Economics and Strategy

ISBN: 978-0321566447

1st edition

Authors: Jeffrey M. Perloff, James A. Brander

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