8. Suppose a person who buys only wine and cheese is given $1,000 in food stamps to...
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8. Suppose a person who buys only wine and cheese is given $1,000 in food stamps to supplement his $1,000 income. The food stamps cannot be used to buy wine.
Might the consumer be better off with $2,000 in income?
Explain in words and with a diagram.
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