Consumer's Opportunity Set

Discipline: Business Studies

Type of Paper: Essay (any type)

Academic Level: High school

Paper Format: APA

Pages: 1 Words: 275

Question

a) Consumers' opportunity set show the various combination of two good that are available given the amount of income and prices? Do you agree or disagree. Discuss

b) Suppose all prices doubled and at the same time consumers' income also doubled, will this alter the consumer's opportunity set. If yes, explain. If no, explain

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