=+a. Illustrate this on a graph with square footage of housing on the horizontal axis and other
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=+a. Illustrate this on a graph with “square footage of housing” on the horizontal axis and “other consumption” on the vertical. Then suppose, as you did in exercise 6.9, that the price of housing falls to $50 per square foot after you bought your 2,000-square-foot house. Label the square footage of the house you would switch to hB
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Microeconomics An Intuitive Approach With Calculus
ISBN: 9781337335652,9781337027632
2nd Edition
Authors: Thomas Nechyba
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