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. An individual's preferences over books (B) and snacks (S) are represented by the utility function, [Bl/2 + S . According to the MRS,
. An individual's preferences over books (B) and snacks (S) are represented by the utility function, [Bl/2 + S . According to the MRS, what's the maximum number of books the individual would be willing to give up to obtain one more snack, if the individual cunently has 16 snacks and 4 books? b. c. d. 4 1/4 2
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