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Sam only consumes two goods: cookies (c), and concert tickets (t). His utility functionand associated marginal utilities are as follows: U = 120020.1t0.4MU= 120c-0.910.4MU =
Sam only consumes two goods: cookies (c), and concert tickets (t). His utility functionand associated marginal utilities are as follows: U = 120020.1t0.4MU= 120c-0.910.4MU = 480c01t-0.6Each cookie costs $2.50 and each concert ticket costs $20
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