=+servings of onion rings at $0.60 each. From 2015 to 2016 the price of french fries rose

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=+servings of onion rings at $0.60 each. From 2015 to 2016 the price of french fries rose by 25% and the servings sold fell by 10%; the price of onion rings fell by 15% and the servings sold rose by 5%.

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Economics

ISBN: 9781319066604

5th Edition

Authors: Robin Krugman, Paul Wells

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Question Posted: Oct 07, 2024 08:02 AM

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=+1. Assume there are only two goods in the economy, french fries and onion rings. In 2015, 1,000,000 servings of french fries were sold at $0.40 each and 800,000
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=+servings of onion rings at $0.60 each. From 2015 to 2016 the price of french fries rose

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Economics

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