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A utility function is given as U=VMB where B represents the quantity of books consumed and M represents magazines. This utility is shown via indifference
A utility function is given as U=VMB where B represents the quantity of books consumed and M represents magazines. This utility is shown via indifference curves in the diagram to the right. (Round all numeric responses to two decimal places.) The level of utility at pointA is |:. Magazines (M) The marginal utility of books at pointA is D. 0 51015 20 25 30 354045 50 Books(B)
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