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Author Question: The Substitution EffectTwila purchases 6 bottles of lotion and 4 movies when the price of a bottle ... (Read 92 times)

Tb12162018

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on: Nov 23, 2022
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
Macroeconomics ¦ Acemoglu, Laibson, List ¦ 3rd Edition
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Marked as best answer by Tb12162018 on Nov 23, 2022

hiyayyay

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Reply #1 on: Nov 23, 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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Tb12162018

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Reply 2 on: Nov 23, 2022
Excellent

kishoreddi

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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