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Other Fields Homework Help Economics Topic started by: mbowdish on Jul 22, 2019



Title: Suppose that for Virginia the marginal benefit per dollar spent on make-up is less than the benefit ...
Post by: mbowdish on Jul 22, 2019
Suppose that for Virginia the marginal benefit per dollar spent on make-up is less than the benefit per dollar spent on clothes. Virginia can always increase her utility by buying:

▸ more of both goods.

▸ more make-up and fewer clothes.

▸ fewer make-up and more clothes.

▸ Virginia is already maximizing utility.


Title: Suppose that for Virginia the marginal benefit per dollar spent on make-up is less than the benefit ...
Post by: jrhome1985! on Jul 22, 2019
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