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There are a few differences between consumer goods and capiatl goods which are discussed in this article in detail. Consumer goods are defined as the goods used by the end user for consumption. Capital goods are the goods deployed to produce consumer goods.
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when the price of the goods is Rs. 7 per unit, a consumer buys its 12 units. when the price falls to 6 per unit, he spends 72 on that good ?
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What is the curve of ppc when consumer is willing to sacrifice less and less amount of good y?
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SOLUTION: 1671988048288256857556558990294 - Studypool
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What is the curve of ppc when consumer is willing to sacrifice less and less amount of good y?