=+her income on housing. Then her income increases by 50%, but the price of restaurant meals increases

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=+her income on housing. Then her income increases by 50%, but the price of restaurant meals increases by 100% (it doubles). The price of housing remains the same. After these changes, if she wanted to, could Neha still buy the same consumption bundle as before? 12. Scott finds that the higher the price of orange juice,

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Economics

ISBN: 9781319066604

5th Edition

Authors: Robin Krugman, Paul Wells

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