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Find all the financially possible alternatives and corresponding total utilityConsider the case where MU/$=6 (for apples) and MU/$=9 for oranges. What is the total utility?
Find all the financially possible alternatives and corresponding total utilityConsider the case where MU/$=6 (for apples) and MU/$=9 for oranges. What is the total utility? Is it financially possible? What would you do to reach the maximum total utility( and financially possible at the same time)?
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