Question: The prices are (p 1 , p 2 ) = (2, 3), and the consumer is currently consuming (x 1 , x 2 ) (4,
The prices are (p1, p2) = (2, 3), and the consumer is currently consuming (x1, x2) (4, 4). Now the prices change to (q1, q2) = (2,4). Could the consumer be better off under these new prices?
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