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Harold Can Consume Apples and Oranges

question 91

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Harold can consume apples and oranges.He likes them equally well and currently is in consumer equilibrium.Then the price of oranges rises,while his income remains the same.What will happen to his consumption?


Definitions:

2-Electron Bonding

A type of chemical bond involving the sharing of two electrons between atoms, commonly known as a covalent bond.

Ionic Bonding

Ionic bonding is the chemical bond formed through the electrical force between oppositely charged ions, typically between metals and nonmetals.

Lewis Structure

A Lewis structure is a diagrammatic representation of the arrangement of valence electrons around atoms in molecules, indicating the bonding between atoms as well as the lone pairs of electrons.

Ethyne

A colorless gas with a sharp, distinct odor; the simplest alkyne, it is a hydrocarbon with the formula C2H2.

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