Suppose that people consume only three goods as shown in, Ask an Expert

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suppose that people consume only three goods, as shown in the table:

tennis balls golf balls bottle of gatorade
2009 price $2 $4 1$
2009 quantity 100 100 200
2010 price 2 6 2
2010 quantity 100 100 200

what is the percentage change in the price of each of the three goods?

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Microeconomics, Economics

Category:- Microeconomics
Reference No.:- M950054

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