I bought 10 apples and 5 oranges last year. I can still afford this consumption bundle this year. Which of the following cannot be true? a. Prices doubled and my income also doubled b. Prices and...


I bought 10 apples and 5 oranges last year. I can still afford this consumption bundle this year. Which of the following cannot be<br>true?<br>a. Prices doubled and my income also doubled<br>b. Prices and income remain unchanged<br>c. Price of apples increased, the price of oranges decreased and my income remained unchanged<br>d. Price of apples and oranges increased and my income remained unchanged<br>

Extracted text: I bought 10 apples and 5 oranges last year. I can still afford this consumption bundle this year. Which of the following cannot be true? a. Prices doubled and my income also doubled b. Prices and income remain unchanged c. Price of apples increased, the price of oranges decreased and my income remained unchanged d. Price of apples and oranges increased and my income remained unchanged

Jun 07, 2022
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