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Business, 25.02.2022 20:20, chutchinson256
Michael has perfect substitutes preferences. His budget is m. With current prices p x and p y, his optimal bundle is (x = 15, y = 0). If p x doubles, what happens to his optimal consumption of y?.
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Michael has perfect substitutes preferences. His budget is m. With current prices p x and p y, his o...
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