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Her marginal rate of substitution is 8 in absolute value, the quantity consumed of good 1 is 2, the price of good 1 is 8,
Her marginal rate of substitution is 8 in absolute value, the quantity consumed of good 1 is 2, the price of good 1 is 8, and her total income is 107. What is her optimal consumption of good 2 x 2 ? (enter up to 2 decimal points)
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International Business
Authors: Alan M. Rugman, Simon Collinson
6th edition
273760971, 978-0273760979
