A consumer is initially in equilibrium at point C.
In the below figure, a consumer is initially in equilibrium at point C. The consumer’s income is $900, and the budget line through point C is given by $900 = $150X + $300Y. When the consumer is given a $150 gift certificate that is good only at store X, she moves to a new equilibrium at poi... Read More >>>https://is.gd/WZ8d4E
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