A consumer is stocking up on sodas and sports drinks at the dollar store. As you might
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A consumer is stocking up on sodas and sports drinks at the dollar store. As you might expect as a dollar store, each bottles of each drink costs $1. He has a $10 bill to spend. Based on Table EP-2 of marginal utilities, find the optimal consumption bottle.
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At the optimal consumption bundle the slope of the budget line is the same as the slope ...View the full answer
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