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Larry demands straberries according to the schedule P=¤-(q/2), where P is the price of straberries and q the quantity. Assuming that the income effetct is negligible, how much will he be hurt if the price of straberrries goes from $1 a pint to $2 a pint?

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M973223

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