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First, set up the information you are given using consumer equilibrium MUx/Px = MUyPy. Show if and how the consumer should change their consumption in
First, set up the information you are given using consumer equilibrium MUx/Px = MUyPy. Show if and how the consumer should change their consumption in each circumstance, You have to include what the relationship between the two ratios is or how it changes ( > or
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