The marginal utility of good A is 4 utils, and its price is $2, and the marginal

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The marginal utility of good A is 4 utils, and its price is $2, and the marginal utility of good B is 6 utils, and its price is

$1. Is the individual consumer maximizing (total) utility if she spends a total of $3 by buying one unit of each good? If not, how can more utility be obtained?

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Microeconomics

ISBN: 9780538452861

10th Edition

Authors: Roger A. Arnold

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Question Posted: Nov 01, 2024 05:00 AM

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The marginal utility of good A is 4 utils, and its price is $2, and the marginal

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Microeconomics

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