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hii! need help with the drawing and explanation... Consider an individual consuming 2 goods: good I and good 2. Suppose this consumer does not care
hii! need help with the drawing and explanation...
Consider an individual consuming 2 goods: good I and good 2. Suppose this consumer does not care about good 1 {i.e., good 1 is a neutral good), but the more good 2 the better. Draw three of this consumer's indifference curves. lf good 1 is a neutral good, what is this consumer's MRS for good 2Step by Step Solution
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