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Homework answers / question archive /       Suppose the consumer income increase from 2000$ to 2200$ a month then the quantity demanded for frozen chicken decline from 6 to 2 kg a week •      i1=2000$, i2=2200$, Q1=6, Q2=2 •      Calculate and illustrate the relationship between the type of products and determine the type of the product (using the midpoint formula)

      Suppose the consumer income increase from 2000$ to 2200$ a month then the quantity demanded for frozen chicken decline from 6 to 2 kg a week •      i1=2000$, i2=2200$, Q1=6, Q2=2 •      Calculate and illustrate the relationship between the type of products and determine the type of the product (using the midpoint formula)

Economics

      Suppose the consumer income increase from 2000$ to 2200$ a month then the quantity demanded for frozen chicken decline from 6 to 2 kg a week

•      i1=2000$, i2=2200$, Q1=6, Q2=2

•      Calculate and illustrate the relationship between the type of products and determine the type of the product (using the midpoint formula)

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