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F is food, C is clothing. Utility function is U(F,C) = F + 4C. If you reduce clothing consumption by 2 units, how much do
F is food, C is clothing. Utility function is U(F,C) = F + 4C. If you reduce clothing consumption by 2 units, how much do you have to increase your food consumption in order to maintain the same utility level
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Economics
Authors: Roger A. Arnold
11th edition
1133561675, 978-1133561675
