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Billy has a utility function for X and Y of U (X,Y)= min (2X, 3 Y) What is the slope of his income consumption
Billy has a utility function for X and Y of U (X,Y)= min (2X, 3 Y) What is the slope of his income consumption curve? A: 3/5 B: 3/2 C: 2/3 D: 5/3
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
