[SOLVED] Income Increase and Voucher

For question 1 can you show how an increase in income makes a person better off than a voucher?   In Q4 the last diagram the budget line that represents the increase in income should go through the original bundle. Isn’t that (x, y)?

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[Get Solution] Income Increase and Voucher

For question 1 can you show how an increase in income makes a person better off than a voucher?   In Q4 the last diagram the budget line that represents the increase in income should go through the original bundle. Isn’t that (x, y)?

Read more
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