Question: Ralph usually buys one pizza and two colas from the local pizzeria. The pizzeria announces a special: All pizzas after the first one are half-
Ralph usually buys one pizza and two colas from the local pizzeria. The pizzeria announces a special: All pizzas after the first one are half- price. Show the original and new budget line. What can you say about the bundle Ralph will choose when faced with the new constraint?
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Suppose the number of pizzaday is on the horizontal axis and n... View full answer
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