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Maria has a fixed weekly budget which she has been spending on goods A, B, and C. Her utility function exhibits a diminishing marginal rate
Maria has a fixed weekly budget which she has been spending on goods A, B, and C. Her utility function exhibits a diminishing marginal rate of substitution. She uses the gym-marginal principle to decide how much to purchase of each product. Suppose that for Maria's current consumption bundle it holds that 6' w > w = _
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