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Other Fields Homework Help Economics Topic started by: AndrewKraus on May 22, 2017



Title: A consumer has a monthly income of $100 that he wants to spend on two goods: rugs priced at $10 and ...
Post by: AndrewKraus on May 22, 2017
A consumer has a monthly income of $100 that he wants to spend on two goods: rugs priced at $10 and chairs priced at $5. What is the consumer's opportunity cost of buying a rug? What is his opportunity cost of buying a chair? Use a table to represent the consumer's budget constraint.


Title: Re: A consumer has a monthly income of $100 that he wants to spend on two goods: rugs priced at $10 ...
Post by: Simpleman on May 22, 2017
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Title: Re: A consumer has a monthly income of $100 that he wants to spend on two goods: rugs priced at $10 and ...
Post by: AndrewKraus on Jun 24, 2017
This helps with my assignment big time