Answered: Mt. Dew B. Popcern Suppose a consumer…

Mt. Dew B. Popcern Suppose a consumer has $100 in income, the price of Mt. Dew is $2, and the value of A is 200. What is the price of рорсоm?

Essentials of Economics (MindTap Course List)

8th Edition

ISBN:9781337091992

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter4: The Market Forces Of Supply And Demand

Section: Chapter Questions

Problem 7PA

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Question

1. Deu
Popcorn
Suppose a consumer has $100 in income, the price of Mt. Dew is $2, and the value of A is 200. What is the price of
popcorn?
$0.50
$2
$1
$4

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