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Author Question: Define a budget set. Is it the same as a budget constraint? What will be an ideal ... (Read 96 times)

RRMR

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Define a budget set. Is it the same as a budget constraint?
 
  What will be an ideal response?

Question 2

A gallon of milk costs 4 in Bonland. If the government fixes the price at 3.50, ________.
 
  A) the quantity demanded of milk will fall
  B) the quantity of milk supplied will increase
  C) a shortage of milk will occur in the market
  D) there will be an excess supply of milk in the market


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ebonylittles

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Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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RRMR

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