The price of a certain item is increased by 12%. If a consumer wants to keep...
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The price of a certain item is increased by 12%. If a consumer wants to keep his expenditure on the item the same as before, how much percent must be reduce his consumption on that item? 1. 15% 23 3. 16 % 4. 10특% The price of a certain item is increased by 12%. If a consumer wants to keep his expenditure on the item the same as before, how much percent must be reduce his consumption on that item? 1. 15% 23 3. 16 % 4. 10특%
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Related Book For
Economics Principles and Policy
ISBN: 978-0538453653
12th edition
Authors: William J. Baumol, Alan S. Blinder
Posted Date:
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