Restaurant meals and housing (measured by the number of rooms) are the only two goods that Neha

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Restaurant meals and housing (measured by the number of rooms) are the only two goods that Neha can buy. She has income of $1,000, and the price of each room is $100. The relative price of 1 room in terms of restaurant meals is 5. How many restaurant meals can she buy if she spends all her money on them?
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Microeconomics

ISBN: 978-1429283434

3rd edition

Authors: Paul Krugman, Robin Wells

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