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3.2. Newlyweds are planning to prepare a meal at home. They bought ingredients which can help them prepare diverse dishes/meals- from which they derive satisfaction.
3.2. Newlyweds are planning to prepare a meal at home. They bought ingredients which can help them prepare diverse dishes/meals- from which they derive satisfaction. Given their differences in taste and preference for some of the ingredients it will be impossible for both to jointly maximise utility. Identify and demonstrate clearly the economic concept(s) that explains this. How do these concepts aid to or complicates our understanding of chaise and utilitu)
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