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Suppose that the government is deeply interested in non-meat proteins. At the moment, beans and lentils both sell for $1 per pound, and all consumers
Suppose that the government is deeply interested in non-meat proteins. At the moment, beans and lentils both sell for $1 per pound, and all consumers have an income of $1000.
Draw the original budget constraint with lentils on the horizontal axis. Label axes and intercepts. Also draw an indifference curve such that the consumer is consuming optimally. Note the location of optimal consumption
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