1.1. Alesandro purchases two goods, X and Y, and the utility gained for the last unit purchased...
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1.1. Alesandro purchases two goods, X and Y, and the utility gained for the last unit purchased of each is 16 utils and 23 utils, respectively. The prices of X and Y are $1 and $1.75, respectively.
Is Alesandro in consumer equilibrium? Explain your answer.
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