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Business, 20.02.2021 05:40 fool2639

n the below figure, a consumer is initially in equilibrium at point C. The consumer’s income is $250, and the budget line through point C is given by $250 = $50X + $125Y. When the consumer is given a $100 gift certificate that is good only at store X, she moves to a new equilibrium at point D.

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n the below figure, a consumer is initially in equilibrium at point C. The consumer’s income is $250...
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