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    Microeconomics Study Set 25
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    Exam 22: Consumer Preferences and Consumer Choice
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    Henry and Anne Have Identical Incomes
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Henry and Anne Have Identical Incomes

Question 43

Question 43

True/False

Henry and Anne have identical incomes.Both buy only sardines and ice cream.Since they face the same prices for the two goods,their optimal consumption bundles must be identical.

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