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corie corie
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Posts: 767
6 years ago
The following table presents Mary's marginal utility for each of the four goods she consumes to exhaust her income.  The price of Good 1 is $1, the price of Good 2 is $2, the price of Good 3 is $3 and the price of Good 4 is $4.  Indicate the consumption bundle in the table that maximizes Mary's level of utility.
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Microeconomics

Microeconomics


Edition: 8th
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boransalboransal
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6 years ago
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