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-The Above Figure Shows Bobby's Indifference Map for Soda and Juice.B1

question 44

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-The above figure shows Bobby's indifference map for soda and juice.B<sub>1</sub> indicates his original budget line.B<sub>2</sub> indicates his budget line resulting from an increase in the price of soda.From the graph,one can conclude that A) Bobby views soda as an inferior good. B) Bobby's demand for soda is perfectly inelastic. C) Bobby views soda as a normal good. D) the income elasticity of demand for soda is 1.
-The above figure shows Bobby's indifference map for soda and juice.B1 indicates his original budget line.B2 indicates his budget line resulting from an increase in the price of soda.From the graph,one can conclude that

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A system of rules created and enforced through social or governmental institutions to regulate behavior.

Harmony

A state of agreement or concord in relationships or musical notes producing a pleasing effect.

Stability

Refers to the state of being steady and not prone to change, often indicating reliability or consistency in various contexts.

Justice

The ethical principle of fairness and the moral rightness based on ethics, rationality, law, natural law, religion, equity, or fairness.

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