Advanced Placement (AP), 04.11.2019 12:31 Apple1010
Suppose that people consume only three goods, tennis balls, golf balls, and bottles of gatorade.
2006 price: t= $2 g= $4 b= $1
2006 quantity: t= 100 g= 100 b= 200
2007 price: t= $2 g= $6 b= $2
2007 quantity: t= 100 g= 100 b= 200
what is the percentage change in the price of each of the three goods?
Answers: 3
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Suppose that people consume only three goods, tennis balls, golf balls, and bottles of gatorade.
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