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Refer to the Data for a Consumer Whose Income =

Question 113

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Refer to the data for a consumer whose income = $16. Suppose the price of new product Z is $2 rather than $1. This consumer would purchase A) three units of Z. B) four units of Z. C) two units of Z. D) more of X, Y, and Z than if the price were $1 for Z. Refer to the data for a consumer whose income = $16. Suppose the price of new product Z is $2 rather than $1. This consumer would purchase


A) three units of Z.
B) four units of Z.
C) two units of Z.
D) more of X, Y, and Z than if the price were $1 for Z.

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