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economics memmmm 1.1) What is the indifference tune? How does a rational consumer maxi-hire his consumption bundle? Explain with graph the budget line and the

economics

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memmmm 1.1) What is the indifference tune? How does a rational consumer maxi-hire his consumption bundle? Explain with graph the budget line and the indifference curve for maximizing the utility. (4) 1.2) What is marginal utility? Why does the Marginal Utility [MU] curve slopes downward? ....... {3} 1.3) Explain the marginal utility per dollar: \"at. Mg, m Pl: Pr

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