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Figure 21-8 -Refer to Figure 21-8.Assume That the Consumer Depicted Has an Consumer

Question 3

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Figure 21-8
Figure 21-8 -Refer to Figure 21-8.Assume that the consumer depicted has an income of $120 and currently optimizes at point A.When the price of marshmallows decreases to $6,how many bags of marshmallows will the optimizing consumer choose to purchase A) 4 B) 8 C) 10 D) 20
-Refer to Figure 21-8.Assume that the consumer depicted has an income of $120 and currently optimizes at point A.When the price of marshmallows decreases to $6,how many bags of marshmallows will the optimizing consumer choose to purchase


A) 4
B) 8
C) 10
D) 20

Correct Answer:

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