Business, 11.06.2020 22:57 MariaIZweird7578

For each of the following events, consider how you might react. What things might you consume more or less of? Are your responses consistent with the discussion of householdbehavior? 1.You have a very close friend who lives in another city, a3-hour bus ride away. The price of around-trip ticket risesfrom $20 to $45.
2.Tuition at your college is cut 25 percent
3.You receive an award that pays you $300 per month for thenext 5 years.
4.The price of food doubles. (If you are on a meal plan, assume that your board charges double.)

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