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Suppose Charley Only Purchases Boardgames (B)and Haircuts (H)with His Income

Question 93

Essay

Suppose Charley only purchases boardgames (B)and haircuts (H)with his income.If the price of boardgames increases by 100% while the price of haircuts increases by 300%,how will the MRT change (consider the budget constraint drawn on a graph with boardgames on the horizontal axis)?

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Before the price change,the MR...

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