There are two goods in the economy beer and chicken wings.
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There are two goods in the economy beer and chicken wings. The government believes that beer is bad for you so it imposes a tax of 95% on beer. The price of one beer is 94 and the price of one order of chicken wings is 52. How many beers does the consumer have to give up to get 16 orders of chicken wings? (assume that the tax on beer is taking place)
11 years ago
There are two goods in the economy beer and chicken wings.
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