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Murphy Used to Consume 100 Units of X and 50

question 25

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Murphy used to consume 100 units of X and 50 units of Y when the price of X was $2 and the price of Y was $4.If the price of X rose to $5 and the price of Y rose to $5, how much would Murphy's income have to rise so that he could still afford his original bundle?


Definitions:

Rehabilitation

A process aimed at enabling recovery from injury, illness, or dependency, through therapeutic interventions to regain function or well-being.

Formed Group

is a collection of individuals who have been intentionally brought together for a specific purpose or project, distinguished from naturally occurring clusters.

Therapy Group

A gathering of individuals who participate in therapeutic sessions together, often guided by a therapist.

Family

A social unit consisting of parents and their children, considered as a group, whether dwelling together or not; the traditional nucleus of society.

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