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Economics

Suppose a consumer derives satisfaction from consuming tacos: those from Taco Bell and those from Chipoltle.

a. Graph the budget line of the consumer under the assumption that he is offered a buy three, get one free deal at Taco Bell (limit one free taco).

b. On separate graph, show the same deal if offered by Chipoltle.

c. On a third graph, show the consumer’s budget line of both Taco Bell and Chipoltle are simultaneously offering this deal.

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91410093

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