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Saras income falls from 12 to 9 a week while the price of

Question: Sara's income falls from $12 to $9 a week, while the price of popcorn is unchanged at $3 a bag and the price of a smoothie is unchanged at $3. What is the effect of the fall in Sara's income on her real income in terms of

(a) smoothies and

(b) popcorn?

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Microeconomics: Saras income falls from 12 to 9 a week while the price of

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Microeconomics: Saras income falls from 12 to 9 a week while the price of

Reference No:- TGS02908202

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