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Shela likes both apple (A) and banana (B) and she is always willing to exchange 1 apple with 2 bananas. 2 apples and 1
Shela likes both apple (A) and banana (B) and she is always willing to exchange 1 apple with 2 bananas. 2 apples and 1 banana give her the utility of 10. What type of utility curve would this be? What would be Shela's utility function and marginal utilities? Graph indifference curves for utilities of 10 and 20.
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