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Billy has a utility function for X and Y of: U(X,Y)= In X + In Y What is the slope of his income consumption
Billy has a utility function for X and Y of: U(X,Y)= In X + In Y What is the slope of his income consumption curve? Group of answer choices Py/Px 1/2 Px / Py 1
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Mathematical Applications For The Management, Life And Social Sciences
Authors: Ronald J. Harshbarger, James J. Reynolds
12th Edition
978-1337625340
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