Question:

Suppose the only items consumed in an economy are Apples and Apple Juice. The following are data on the prices and quantities of these two products:

S1 S2 H D B E A 1 ( r) 2 G C F I(r)1 F 1(r)3 Savings, Investment S1=1Price of a Price of a Bottle of Pound of Apple Juice Bottles of Pounds of Apple Juice