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Suppose and the Price of X Is 1,the Price

question 54

Multiple Choice

Suppose Suppose   and the price of X is 1,the price of Y is 1 and income is $12.If the price of X increases to 2,the income effect (in terms of units of X bought) is A)  2 B)  -1 C)  0 D)  -2 and the price of X is 1,the price of Y is 1 and income is $12.If the price of X increases to 2,the income effect (in terms of units of X bought) is


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