=+b. The consumption bundle consists of underwear and socks. The price of each pair of underwear is

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=+b. The consumption bundle consists of underwear and socks. The price of each pair of underwear is $4.00, the price of each pair of socks is $2.00, and the consumer’s income is $12.00. In your diagram, put pairs of socks on the vertical

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Economics

ISBN: 9781319066604

5th Edition

Authors: Robin Krugman, Paul Wells

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