Question
Dan has 194.5 dollars to spend on three goods, good 1,good 2 and good 3, whose prices are respectively p 1 = 9.3, p 2
Dan has 194.5 dollars to spend on three goods, good 1,good 2 and good 3, whose prices are respectively p1 = 9.3, p2 =5.5 and p3 = 3.1. Dan plans to spend the whole amount on these three goods. How many units of good 3 must he give up to buy one more unit of good 1?
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Business Its Legal Ethical and Global Environment
Authors: Marianne M. Jennings
11th edition
1337103578, 978-1337514392, 133751439X, 978-0357690130, 978-1337103572
