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Suppose a Caffeine-Deprived Man Needs to Wake Up

Question 25

Multiple Choice

Suppose a caffeine-deprived man needs to wake up.Suppose his preferences can be described by Suppose a caffeine-deprived man needs to wake up.Suppose his preferences can be described by   If the price of coffee is $4 and the price of tea is $1,he will buy A)  all coffee B)  all tea C)  some of both, but more coffee D)  some of both, but more tea If the price of coffee is $4 and the price of tea is $1,he will buy


A) all coffee
B) all tea
C) some of both, but more coffee
D) some of both, but more tea

Correct Answer:

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