1. Kate has $20. Fish sandwiches cost $5, and a cup of espresso costs $4. Draw Kates...

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1. Kate has $20. Fish sandwiches cost $5, and a cup of espresso costs $4. Draw Kate’s budget constraint.

If espresso goes on sale for $2 a cup, what does her new budget constraint look like?

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Related Book For  book-img-for-question

Principles Of Microeconomics

ISBN: 9780393679199

3rd Edition

Authors: Dirk Mateer, Lee Coppock

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