2 The price of a song download is 1.00 and the price of an apple is 0.50....

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2 The price of a song download is £1.00 and the price of an apple is £0.50. When Amy chooses her best affordable point, how much does she spend per week?

Amy has a fixed budget for buying songs and apples. The figure shows Amy’s budget line and an indifference map between song downloads and apples.

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Economics

ISBN: 9781118150122

10th European Edition

Authors: Michael Parkin, Dr Melanie Powell, Prof Kent Matthews

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Question Posted: Nov 06, 2024 04:00 AM

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2 The price of a song download is 1.00 and the price of an apple is 0.50....

Question:

Songs (per week) 19 10 7 6 5 4 3 T 8 2 1 0 1 2 3 4 A 50 2 6 7 8 910 Apples (per week)

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Economics

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