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James consumes two goods, Milk and cookies. James deciedes to consume 46 cups of cookies at their utility maximizing bundle, A. Now, suppose that the
James consumes two goods, Milk and cookies. James deciedes to consume 46 cups of cookies at their utility maximizing bundle, A. Now, suppose that the price of cookies rises and the amount of cookies they consumes falls to 23 cups. Point B represents their new utility maximizing bundle after the price change. using the graph answer the other questions.
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