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MrsAngelD MrsAngelD
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6 years ago
Suppose the only goods you consume are apples and peaches. One day the price of apples goes up and the price of peaches goes down, and you find that you can still just afford to buy the same combination of peaches and apples that you were buying all along. The price changes leave you neither better nor worse off.
Textbook 
Microeconomics: Theory and Applications with Calculus

Microeconomics: Theory and Applications with Calculus


Edition: 4th
Author:
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forrestforrest
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6 years ago
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