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chief333 chief333
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A year ago
The Substitution Effect

Twila purchases 6 bottles of lotion and 4 movies when the price of a bottle of lotion is $1 and the price of a movie is $16. When the price of a bottle of lotion falls, she purchases 8 bottles of lotion and 4 movies with the same budget. How much is the new price of lotion? Please round your final answer to two decimal places.

▸ $0.25

▸ $0.50

▸ $1.00

▸ $0.75
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
Authors:
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relisabethrelisabeth
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A year ago
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chief333 Author
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A year ago
this is exactly what I needed
joyceess
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Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
missnoname
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2 hours ago
Correct Slight Smile TY
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