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Author Question: Suppose that over a 12-month period, Sonali's income (Y) rises from $27 000 to $35 000 per year and, ... (Read 29 times)

zl00505

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on: Oct 12, 2022
Suppose that over a 12-month period, Sonali's income (Y) rises from $27 000 to $35 000 per year and, as a result, her spending on travel (T) increases from $1500 to $2500 per year. Assume there is a linear relation between the two variables, Y and T. What is the marginal response in T to a change in Y?
◦ 8
◦ 4
◦ 0
◦ 0.125
◦ 0.25
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by zl00505 on Oct 12, 2022

lola.jashay

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Reply #1 on: Oct 12, 2022
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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zl00505

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Reply 2 on: Oct 12, 2022
Great answer, keep it coming :)

momolu

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Reply 3 on: Yesterday
Excellent

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