Chris and Pat are identical twins, but Chris is clean and neat while Pat is a slob.
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Chris and Pat are identical twins, but Chris is clean and neat while Pat is a slob. They have the same tastes, being identical twins, and their Marginal Values of hamburgers, in terms of hamburgers consumed per month are as follows: Q 1 2 3 4 5 6 7 MV $12 $10 $8 $5 $3 $1 Because Pat is a slob, the only hamburger proprietor in town charges Pat $8 for hamburgers instead of $3, which the proprietor charges everyone else. How much would it benefit Pat per month to clean up?
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Related Book For
Principles Of Microeconomics
ISBN: 9780812224177
1st Edition
Authors: Eugene Silberberg And Gregory Ellis
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