Question
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. 2. earrings - NWAUI 2 4 6 8 Q hairbands issume the graph shown...
Image transcription text
2. earrings
- NWAUI
2
4
6
8
Q hairbands
issume the graph shown represents Dana's budget constraint. If Dana's income to spend on these two items decreased, which of the
ollowing could be said?
Image transcription text
Multiple Choice
O
Dana will buy more hairbands now because they are relatively less expensive.
O
Dana will be able to buy less of both goods.
O
Dana will derive more utility from each item, because she values each one more now that she's poorer.
O
All are correct.
Answer & Explanation
Solved by verified expertAnswered by DukeComputer5477 on coursehero.com
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