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How is the utility best allocated between a and b
Course:- Microeconomics
Reference No.:- EM13237615





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Assignment Help >> Microeconomics

Advanced MUa = z=10-x and MUb = z = 21 - 2y, where z in marginal utility per dollar in the amount spent on product A, and y is the amount spent on product B. Assume that the consumer has $10 to spend on A and B--that is, x + y = 10. How is the $10 best allocated between A and B?




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