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A consumer is initially in equilibrium at point C.

In the below figure, a consumer is initially in equilibrium at point C. The consumer’s income is $900, and the budget line through point C is given by $900 = $150X + $300Y. When the consumer is given a $150 gift certificate that is good only at store X, she moves to a new equilibrium at poi... Read more essaywriting.us/blog/a-consumer-is-initially-in-equilibri...

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Uploaded on September 5, 2018