What quantities of popcorn and cola does Sara buy? What is Saras marginal rate of substitution at
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Sara€™s income is $12 a week. The price of popcorn is $3 a bag, and the price of cola is $1.50 a can. Figure 9.14 shows Sara€™s preference map for popcorn and cola.
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Sara buys 6 cans of cola and 1 bag of popcorn Saras budge...View the full answer
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