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-Suppose Sam Plans to Buy Only Popcorn and Soda

Question 139

Multiple Choice

-Suppose Sam plans to buy only popcorn and soda. He has $40 to spend per week. A change in which of the following variables will change Sam's consumption possibilities? I. price of popcorn II) income III) preferences IV) utility A) II only B) I and II C) I, II and III D) III and IV
-Suppose Sam plans to buy only popcorn and soda. He has $40 to spend per week. A change in which of the following variables will change Sam's consumption possibilities? I. price of popcorn
II) income
III) preferences
IV) utility


A) II only
B) I and II
C) I, II and III
D) III and IV

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