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Economics MCQ help

it is actually quite easy :) take the average consumer expenditure as 100 so if the ratios are: 4:3:2:1, the amount spend on each item becomes 40:30:20:10 now do the changes to the prices as said in the question, that makes the new prices 36:36:22:11 the total of the new prices =...
- Milind
- Post #6
- Jul 21, 2013
- Forum: A-Levels

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