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Lydia, who cannot tell the difference between dark chocolate and milk chocolate, spends all of her income ($100/wk) on these goods.
Lydia, who cannot tell the difference between dark chocolate and milk chocolate, spends all of her income ($100/wk) on these goods. If the price of dark chocolate equals $10/pound, draw Lydia’s price-consumption curve and demand curve for milk chocolate.
Lydia, who cannot tell the difference between dark chocolate and milk chocolate, spends all ofher income ($100/wk) on these goods. If the price of dark chocolate equals $10/pound, drawLydia’s...