Question

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Explain why two indifference curves do not intersect each other? Use diagram.
When price of a good decreases by Rs. 50 from Rs. 80 per unit, its demand becomes 250 units.
What was the demand at price Rs. 80 per unit if price elasticity of demand is (-) 2.5.
If the money available to the consumer is Rs. 50. Price of Good X is Rs. 10 per unit and the
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Answer 1

Explanation:

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Answer 2

Answer:

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