As a college student you work at a part-time job but your


Question: As a college student you work at a part-time job, but your parents also send you a monthly "allowance." Suppose one month your parents forgot to send the check. Show graphically how your budget constraint is affected. Assuming you only buy normal goods, what would happen to your purchases of goods?

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Microeconomics: As a college student you work at a part-time job but your
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