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Suppose That a Consumer Considers Coffee and Tea to Be 3C3 C

question 37

Multiple Choice

Suppose that a consumer considers coffee and tea to be perfect substitutes, but he requires two cups of tea to give up one cup of coffee. This consumer's budget constraint can be written as 3C3 C +T=10+ T = 10 . What should the consumer buy?


Definitions:

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Émile Durkheim was a French sociologist, social psychologist, and philosopher who is considered one of the founding fathers of sociology, known for his work on social cohesion and the role of religion in society.

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