If Robinsons marginal rate of substitution between coconuts and fish is 2 and the marginal rate of

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If Robinson’s marginal rate of substitution between coconuts and fish is −2 and the marginal rate of transformation between the two goods is−1, what should he do if he wants to increase his utility?

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Intermediate Microeconomics

ISBN: 978-0393934243

8th edition

Authors: Hal R. Varian

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Question Posted: Feb 25, 2019 06:47 AM

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If Robinsons marginal rate of substitution between coconuts and fish is 2 and the marginal rate of

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He should produce more fish His marginal rate of substitution indicates th...View the full answer

Intermediate Microeconomics

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