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Please answer the following questions below: 1) With V = 100, Pc/Pf = -1/2, Qc = 20 then Qf = ? HINT: You can use
Please answer the following questions below:
1) With V = 100, Pc/Pf = -1/2, Qc = 20 then Qf = ?
HINT: You can use 2 formulas below to solve questions:
V = Pc x Qc + Pf x Qf
Qf = V/Pf (Pc/Pf) x Qc
2) Please explain the reason why you choose the graph
Which graph shows an increase in the price of cloth relative to food P/Pc graph a or graph h? Quantity of food, or Cuantity of foad, Isovalue line Isovalue line Quantity of cloth. QC Quantity of doth, QC Graph a Graph bStep by Step Solution
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