|
Chalk color |
Event |
Group 1 |
a. Blue |
Your income doubles. |
|
b. Orange |
The price of y doubles. |
|
c. White |
With volume discounts, once you purchase 3 units of x at the regular
price, you can purchase extra units for 1/2 price. |
|
|
|
Group 2 |
a. Blue |
The government imposes a 33 percent income tax. |
|
b. Orange |
The price of x falls by 50 percent. |
|
c. White |
With "lifeline rates," you can buy the first 6 units of x at 1/2 price;
extra units sell for the regular price. |
|
|
|
Group 3 |
a. Blue |
Inflation doubles the price of x and the price of y. |
|
b. Orange |
The price of x falls by 50%, and the price of y rises by 50%. |
|
c. White |
The government offers vouchers for you to acquire the first 4 units
of x for free; extra units sell for the regular price. |