Business, 20.09.2020 15:01, mrashrafkotkaat
Helena is given a voucher that can be spent only on educational expenses. She has a budget constraint with educational expenses on the horizontal axis and everything else on the vertical axis. Suppose everything else is comprised only of normal goods. Then:. A. The voucher will result in Helena increasing her spending on educational expenses by more than the amount of the voucher. B. Helena will most likely end up spending less money on everything else after receiving the voucher. C. Helena will not buy any educational expenses because she can use the voucher for all other goods. D. Helena will most likely end up spending some more money on everything else after receiving the voucher.
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Helena is given a voucher that can be spent only on educational expenses. She has a budget constrain...
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