Solution-Consumer do to arrive at a new equilibrium

Consumer do to arrive at a new equilibrium

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Reference no: EM131400851

Suppose a consumer is at an optimum, consuming 6 hamburgers a week at a price of $1.50 each and 10 donuts a week at 50 cents a donut. If the price of a hamburger increases to $2.00, what will the consumer do to arrive at a new equilibrium? Why?

Reference no: EM131400851

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Consumer do to arrive at a new equilibrium

Reference no: EM131400851

Reference no: EM131400851

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