Suppose Alphonsos town raised the price of bus tickets to $1 per trip (while the price
Chapter 2, Problem 1(choose chapter or problem)
Suppose Alphonsos town raised the price of bus tickets to $1 per trip (while the price of burgers stayed at $2 and his budget remained $10 per week.) Draw Alphonsos new budget constraint. What happens to the opportunity cost of bus tickets?
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