Question
1.) Hurricane Dorian destroyed thousands of crawfish trapes, illustrate what would happen to the consumer surplus of crawfish men. 2.) Illustrate the income and substitution
1.) Hurricane Dorian destroyed thousands of crawfish trapes, illustrate what would happen to the consumer surplus of crawfish men.
2.) Illustrate the income and substitution effects of a price increase of two goods that are goods.
3.) One main relationship between Junkanoo and carnival are that they both are places of Bahamian tradition. Junkanoo Bahamas Carnival is typically held once a year in April/early May while Junkanoo happens twice a year, first in late December and then in early January. Use an illustration to show the impact of an increase in income.
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