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N1 A consumer has a perfect complements utility function, where she prefers to have one unit of H with each unit of G. Also, she

N1

A consumer has a perfect complements utility function, where she prefers to have one unit of H with each unit of G. Also, she has an income of $351. Assume that the price of H is $16 and the price of G is $11. What is the consumer's optimal choice for good H*?

13

16

18.5

20.5

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Question

N1 A consumer has a perfect complements utility function, where she prefers to have one unit of H with each unit of G. Also, she

N1 A consumer has a perfect complements utility function, where she prefers to have one unit of H with each unit of G. Also, she has an income of $351. Assume that the price of H is $16 and the price of G is $11. What is the consumer's optimal choice for good H*? 13 16 18.5 20.5

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Crafting and Executing Strategy The Quest for Competitive Advantage

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N1

A consumer has a perfect complements utility function, where she prefers to have one unit of H with each unit of G. Also, she has an income of $351. Assume that the price of H is $16 and the price of G is $11. What is the consumer's optimal choice for good H*?

13

16

18.5

20.5