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    Principles of Microeconomics
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    Exam 22: The Theory of Consumer Choice
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    Graph 22-8 -Refer to Graph 22-8. Assume That the Consumer Depicted in the Consumer
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Graph 22-8 -Refer to Graph 22-8. Assume That the Consumer Depicted in the Consumer

Question 106

Question 106

Multiple Choice

Graph 22-8
Graph 22-8    -Refer to Graph 22-8. Assume that the consumer depicted in the graph has an income of $50 and currently optimises at point B. When the price of chocolate chips decreases to $2.50, the optimising consumer will choose to purchase how many units of marshmallows? A)  four B)  five C)  10 D)  15
-Refer to Graph 22-8. Assume that the consumer depicted in the graph has an income of $50 and currently optimises at point B. When the price of chocolate chips decreases to $2.50, the optimising consumer will choose to purchase how many units of marshmallows?


A) four
B) five
C) 10
D) 15

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