What is the effect of the fall in Saras income on her real income in terms of

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What is the effect of the fall in Sara’s income on her real income in terms of smoothies?
Sara’s income falls from $12 to $9 a week, while the price of popcorn is unchanged at $3 a bag and the price of a smoothie is unchanged at $3.

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Microeconomics

ISBN: 978-0133019940

11th edition

Authors: Michael Parkin

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Question Posted: Dec 15, 2015 07:11 AM

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What is the effect of the fall in Saras income on her real income in terms of

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Saras real income falls from 4 smoothies to 3 smoothies Sa...View the full answer

Microeconomics

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