1.

Suppose a consumer can afford to buy 6 units of good 1 and 8 units of good 2 if she spends her entire income. The prices of two goods are Rs 6 and Rs 8 respectively. How much is the consumer’s income?

Answer»

Suppose a consumer can afford to buy 6 units of good 1 and 8 units of good 2 if she spends her entire income. The prices of two goods are Rs 6 and Rs 8 respectively. How much is the consumer’s income?



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