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Help Save & Exit Submit Check my work In the below figure, a consumer is initially in equilibrium at point C. The consumers income is $250, and the point C is given by $250 $50X+$125 Y. When moves to a new equilbrium at point D budget line through the consumer is given a $100 gift certificate that is good only at store X, she Product Y Product X MacBook Ai F5 #6 F7
ch4 Hw Help Save & a. Determine the prices of goods Xand Y Price of X: $ Price of YS is b. How many units of product Ycould be purchased at point A? C. How many units of product X could be purchased at point E? d. How many units of product X could be purchased at point B? e. How many units of product X could be purchased at point F? t. Based on this consumers preferences, rank bundles A B, C, and D in order from most preferred to least preferred g Is product X a normal or an inferior good? (Click to selecto < Prev 6 of 15 Next > - MacBook Air F4 FS
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