On their weekly visits to a local restaurant, Bram and Mila usually buy one slice of appeltaart

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On their weekly visits to a local restaurant, Bram and Mila usually buy one slice of appeltaart (Dutch apple pie) to share and two cups of coffee each. However, the restaurant offers a special discount for the month of April to celebrate Koningsdag (King's Day): buy one slice of appeltaart and get the next at half-price. Show the original and new budget constraint. What can you say about the bundle Bran and Mila will choose when faced with the new constraint?

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Related Book For  answer-question

Microeconomics

ISBN: 9781292215624

8th Global Edition

Authors: Jeffrey Perloff

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