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Title: Assume that for a given consumer, the marginal utility of wine is 100 and the price of wine is $60. ... Post by: Ilovebacon22 on Mar 17, 2019 Assume that for a given consumer, the marginal utility of wine is 100 and the price of wine is $60. Also, assume that the marginal utility of lobster is 200 and the price of lobster is $100. This consumer • is in equilibrium. • should buy more wine. • should buy more lobster. • can't tell; insufficient information given to answer the question Title: Assume that for a given consumer, the marginal utility of wine is 100 and the price of wine is $60. ... Post by: n00835996 on Mar 17, 2019 Content hidden
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