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UESTION 1 Consider a local fast food restaurant. The following table shows the maximum price that Alex and Anna will pay for two products: chicken

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UESTION 1 Consider a local fast food restaurant. The following table shows the maximum price that Alex and Anna will pay for two products: chicken nuggets and fries Table 1: Maximum Price Chicken Fries Bundled Price Nuggets Alex $1.50 $.0.5 $2.00 Anna $2.50 $1.0 $3.50 Are Alex and Anna's demands negatively or positively correlated? Explain. Positively correlated as Alex wants to pay lower prices for both Chicken nuggets and fries. Positively correlated as Anna wants to pay higher prices for both Chicken nuggets and fries Negatively correlated as Alex wants to pay lower prices for both Chicken nuggets and fries. Negatively correlated as Anna wants to pay lower prices for both Chicken nuggets and fries

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