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Author Question: Assume you are consuming two goods, X and Y. Suppose the money prices for X and Y remain unchanged, ... (Read 22 times)

jrobl3

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on: Oct 12, 2022
Assume you are consuming two goods, X and Y. Suppose the money prices for X and Y remain unchanged, but your income increases by 20%. What happens to your consumption of good X?
◦ It increases by 20%.
◦ It increases or decreases, depending on whether it is normal or inferior.
◦ It increases.
◦ It stays the same.
◦ It decreases.
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by jrobl3 on Oct 12, 2022

hvhf4k+549qz8f218jyo@shar

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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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jrobl3

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Reply 2 on: Oct 12, 2022
Thanks for the timely response, appreciate it

kswal303

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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