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Personal examples of marginal utility analysis

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1.Personal Examples of Marginal Utility Analysis. For this Chapter 6 assignment, you will find a summary of the conditions for "rational consumer behavior" summarized, together with a personal illustration of the principle. You are asked to provide an example of your own which illustrates the same principle, taking care to explain how the new equilbrium optimizing utility is achieved.

Reference no: EM13524167

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