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question 27. In the figure above, a consumer is at BL1 and maximizes utility at point A. Suppose the consumer's budget increases to BL2. Which
question 27.
In the figure above, a consumer is at BL1 and maximizes utility at point A. Suppose the consumer's budget increases to BL2. Which of the following could be the new optimal consumption bundle?
y B C A D BL BL XStep by Step Solution
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