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Carlos Hernandez Owns a Company in Miami That Purchases Products

question 17

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Carlos Hernandez owns a company in Miami that purchases products from U.S.manufacturers for export to several countries in Central and South America.Carlos is a(n) :


Definitions:

Units of X

The quantity of a particular good or service being referred to or utilized in an economic context.

Original Bundle

In economics, this refers to a specific combination of goods that a consumer initially chooses given their budget and prices.

Price Rise

An increase in the cost of goods or services, typically signifying inflation or market changes.

Budget Line

A graphical representation that shows all possible combinations of two goods that can be purchased with a given income and prices.

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