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PiMaster314 PiMaster314
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5 years ago

Assume that for a given consumer, the marginal utility of 7-Up is 160 and the price of 7-Up is $2. Also, assume that the marginal utility of Coca-Cola is 200 and the price of Coca-Cola is $3. This consumer



• Is in equilibrium.

• Should buy more 7-Up

• Should buy more Coca-Cola.

• Should buy more of both products.
Textbook 
Introduction to Agricultural Economics

Introduction to Agricultural Economics


Edition: 7th
Authors:
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beunikuelbeunikuel
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5 years ago
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PiMaster314 Author
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#2
5 years ago
Exactly what I needed for my project, TYSM
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