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MrsAngelD MrsAngelD
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6 years ago
Suppose Joe's utility for lobster (L) and soda (S) can be represented as U = L0.5 S0.5. Draw the indifference curve that yields a utility level of 9. Calculate the MUL, MUS, and MRS of L for S on that indifference curve when S = 3.
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Microeconomics: Theory and Applications with Calculus

Microeconomics: Theory and Applications with Calculus


Edition: 4th
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unExpectedunExpected
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6 years ago
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MrsAngelD Author
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6 years ago
Brilliant ツ
Ifekwunigwe
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Just got PERFECT on my quiz
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You make an excellent tutor!
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