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Unformatted text preview: (c) The price of soda increases to $10. What is Mandis new utility maximization level of pizza and soda consumption? (d) Draw the demand curve for soda providing specic points. (e) The price of pizza increases to $20, while preferences and prices remain unchanged from (b). Plot point E on the graph drawn in (d). Point E is the new utility maximizing quantity of soda, assume that soda is a normal good....
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- Spring '10