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Sherif's enjoys two goods: potato chips and sour cream. Recently his budget constraint as shifted outwards so that his initial utility-maximizing bundle A can now
Sherif's enjoys two goods: potato chips and sour cream. Recently his budget constraint
as shifted outwards so that his initial utility-maximizing bundle A can now shift to either
B, C, or D. Which point must be the new utility-maximizing choice is both potato chips
and sour cream are normal goods? Why?
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