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Find the perimeter of the figure.
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Budget Constraint
The financial limit on the consumption choices of an individual or household based on income and the prices of goods and services.
Income Change
A variation in the amount of earnings received by a person, household, or economic entity over a period.
Inferior Good
A good for which an increase in income reduces the quantity demanded
Good A
A placeholder term typically used in economic models to represent a generic item or service in the market.
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