In a figure like the one in figure and beginning with a


Question: 1. Begin at point Now decrease x from to How much must y increase to offset the decrease in x and keep the consumer indifferent?

2. In a figure like the one in Figure and beginning with a budget line like the one in Figure, show how you would draw the new income constraint to reflect the following changes?

1786_Income.png

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Operation Management: In a figure like the one in figure and beginning with a
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