Business, 25.02.2020 04:48 gingerham1

Assume a consumer is spending all her income on two goods: X and Y. At the current consumption combination of the two goods, if the marginal utility per dollar spent on the last unit of good X exceeds that of the marginal utility per dollar spent on the last unit of good Y, what should the consumer do to maximize utility

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Assume a consumer is spending all her income on two goods: X and Y. At the current consumption combi...

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