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Question: Jerry has $12 a week to spend on yogurt and berries. The price of yogurt is $2, and berries are $4 a box. How do Jerry's consumption possibilities change if, other things remaining the same,

(i) the price of berries falls and

(ii) Jerry's income increases?

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M92420757
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