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If the Price of Laundry Detergent Equals the Price of Dishwashing

question 99

True/False

If the price of laundry detergent equals the price of dishwashing powder,then a utility-maximizing consumer will always buy equal amounts of laundry detergent and dishwashing powder.


Definitions:

S Corporations

A special designation for businesses that allows them to pass income, losses, deductions, and credits directly to shareholders to avoid double taxation.

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