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Suppose a consumer can afford to buy 6 units of good 1 and 8 units of good 2 if she spends her entire income. The prices of the two goods are ₩6 and ₩ 8 respectively. How much is the consumer's income?
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Jul 12, 2023
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Suppose a consumer can afford to buy 6 units of good 1 and 8 units of good 2 if she spends her entire income. The prices of the two goods are ₩6 and ₩ 8 respectively. How much is the consumer's income?
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Grigorash Vasilij
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Please look at the following picture for the solution!
Deech
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Jul 17, 2023
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