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Refer to the Following Table to Answer the Following Questions

question 142

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Refer to the following table to answer the following questions:
Refer to the following table to answer the following questions:    -Assume that chips cost $1 and soda costs $2.If the consumer has $7,the combination of goods that would maximize her utility per dollar and remain within her budget would be A)  0 chips and 4 sodas. B)  6 chips and 5 sodas. C)  5 chips and 1 soda. D)  4 chips and 2 sodas. E)  2 chips and 3 sodas.
-Assume that chips cost $1 and soda costs $2.If the consumer has $7,the combination of goods that would maximize her utility per dollar and remain within her budget would be

Analyze the impact of market price changes on producer surplus and market entry.
Comprehend the role of supply curve in determining costs and producer surplus.
Measure the efficiency and equality implications of market equilibriums and policies.
Calculate total surplus and understand its division between consumers and producers.

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