Assume m200 px2 and py1 assume income is constant px
Assume m=200$, px=2$, and py=1$. assume income is constant, Px decrease to $1.50, and Py decreases to $.75. this change in prices is equivalent to changing income by what dollar amount?
Now Priced at $10 (50% Discount)
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assume m200 px2 and py1 assume income is constant px decrease to 150 and py decreases to 75 this change in prices is
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