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Hayden has preferences over two goods onlybeer and pizza. He is able to obtain a great deal so each beer only.F costs $5 and each
Hayden has preferences over two goods onlybeer and pizza. He is able to obtain a great deal so each beer only.F costs $5 and each pizza only.I costs $5. His {optimal} consumption of beer and pizza. at these prices for 1lurarious income levels is shown in table below: 3} Use this information to plot Hayden's income-consumption curve [put beer on the horizontal axis}. [Select] v _ 1: This curve is b} Draw Hayden's Engel curves for beer and pizza. [ Select ] v _ 1: Engel curve for beer is [ Select] v _ i Engel curve for pizza is
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