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    Principles of Economics Study Set 8
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    Exam 21: The Theory of Consumer Choice
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    Teresa Faces Prices of $6
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Teresa Faces Prices of $6

Question 123

Question 123

Short Answer

Teresa faces prices of $6.00 for a unit of good X and $1.50 for a unit of good Y. At her optimum, Teresa is willing to give up 1 unit of good X for __________ units of good Y.

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