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Other Fields Homework Help Economics Topic started by: eberk12 on Aug 20, 2018



Title: A consumer has been buying 3 magazines and 2 books a month for many months. The price of books then ...
Post by: eberk12 on Aug 20, 2018
A consumer has been buying 3 magazines and 2 books a month for many months. The price of books then increases. To attain a new optimum, the consumer will
A) buy more magazines because they are now relatively more valuable than they were before, while continuing to buy the same number of books.
B) buy more books because they are now relatively more valuable than they were before.
C) buy the same number of books and magazines as before because they provide different types of utility.
D) buy fewer books than before because they are relatively more expensive than they were before.


Title: A consumer has been buying 3 magazines and 2 books a month for many months. The price of books then ...
Post by: Turboturner on Aug 20, 2018
Content hidden


Title: A consumer has been buying 3 magazines and 2 books a month for many months. The price of books then ...
Post by: eberk12 on Aug 20, 2018
Going to mark this solved!


Title: A consumer has been buying 3 magazines and 2 books a month for many months. The price of books then ...
Post by: Turboturner on Aug 20, 2018
:okay: