Answer to Question #64567 in Microeconomics for fakhr hijazi
The price of a ticket is 10 $ and you plan on buying 4 tickets (the price of the composite commodity, X, is 1 $)
But the university makes a special offer. You may join the Alumni Association for 20 $, and then you can buy tickets for 5 $ each (note that joining the Alumni Association holds absolutely no interest to you-it provides no extra utility).
Verbally and graphically explain whether you will join the Alumni Association to get the cheaper tickets. ANY SOLUTION FOR THIS
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