She bakes her favorite cookies with cookie batter and chocolate mixed in proportion 1:5. Her budget is equal to Y=200, and one portion of chocolate p2 = 1. Suppose the price of batter drops from p1 = 15 to p1 = 5. a) What is the total change in demand for batter. b) What is a substitution effect c) What is the income effect
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The Great Bombay Textile Strike was a textile strike called on 18 January 1982 by the mill workers of Mumbai under trade union leader Dutta Samant. The purpose of the strike was to obtain bonus and increase in wages. Nearly 250,000 workers of 65 textile mills went on strike in Mumbai.
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She bakes her favourite cookies with cookie batter and Chocolates
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